The Serbo-Croatian language is written in two alphabets, Roman and Cyrillic. Both orthographies transcribe the sounds of the language in a regular and straightforward fashion and may, therefore, be referred to as phonologically shallow in contrast to English orthography, which is phonologically deep. Most of the alphabet characters are unique to one alphabet or the other. There are, however, a number of shared characters, some of which receive the same reading and some of which receive a different reading, in the two alphabets. It is possible, therefore, to construct a variety of types of letter strings. Some of these can be read in only one way and can be either a word or nonsense. Other letter strings can be pronounced one way if read as Roman and in a distinctively different way if read as Cyrillic and can be words in both alphabets—but different words; or they can be nonsense in both alphabets or nonsense in one alphabet and a word in the other. In a lexical decision task conducted with bialphabetical readers, it was shown that words that can be read in two different ways are accepted more slowly and with greater error than words that can be read only one way. It was concluded that for the phonologically shallow writing systems of Serbo-Croatian, lexical decision proceeds with reference to the phonology.