Language is ambivalent and to express implied meaning with ambivalence is a common technique applied by writers in their productive process.Playwrights,particularly,are better at using ambivalence in characterization and the development of the plot.Based on the classification of the pragmatic ambivalence,the application of different ambivalence in several parts taken from The Merchant of Venice,the famous play written by Shakespeare,is analyzed in detail and the beauty of literature created through ambivalence is appreciated.