Looking at  the title, the reader may expect that the text is about a word compared to a person. The intelligent reader may ask himself why a word is dead.
The poet uses a simple language, so the reader can understand that this text is adressed to everybody.The poet makes a perswonification of the term"word".
The text is structured into two tercets there's a rhyming couplets in the first one and an alternate rhyme which connects the tercets.
In the first tercet the narrator speaks in third person, and say that when somebody speaks, when a word is said, it dies.
In the second one the narrative voice changes into a first person narrator who expresses a totally different opinion, and the poet says that when a word is said, it begins to live.
This poem gives different opinions about the life of a word.
The first tercet is in a total opposition with the second one.
Finally in the second tercet the reader may understand that this is the opinion of the narrative voice given that this speaks in the first person.
On the contrary the reader can understand that the opinion in the first tercet is that of other poets; because the intelligent reader understands that the only people who can make a discussion about this argument are the poets.