The aim of this paper is to investigate the process of the‘lexicalization’of syntactic phrases by picking out four types of compounds with phrasal constituents, i.e. P-NP type (behind-the-scenes), N-PP type (cost-of-living), A-to-V type (easy-to-follow), and V-NP type (tell-tale). I claim that these four types of compounds are the results of the lexicalization of the phrases P′, N′, A′, and V′ respectively, and propose a lexical reanalysis rule to produce them.