本文擬以並置理論與文本的揉雜閱讀方式，一方面耙梳拉岡 第八講座《傳會》裡所探討的愛情隱喻，亦即愛如何以隱喻的方 式結構，以意符的凝縮（condensation）構成；另一方面以張愛 玲的短篇小說〈色，戒〉為參照，細究當中呈現的愛情（無）隱 喻。第一部分討論拉岡在第八講座提出的愛情理論概念，特別提 出愛情作為一種神話、亦為一種隱喻的結構，並且以「祕寶」 （agalma）來理解愛的不可能禮物。這些概念的提出，都可放回 拉岡整體思想中理解：愛情神話呼應晚期第二十講性公式所論的 「性關係不存在」，愛情隱喻裡意符的凝縮效應，也與父親隱喻 及主體誕生息息相關，而「祕寶」不僅為分析場景裡傳會產生的 關鍵，也是後期理論小對物（objet petit a）的雛形。第二部分將以詳細的文本分析，探討〈色，戒〉中的愛情隱喻，指出戒指既是幻想中愛的祕寶，也是形成愛情隱喻的關鍵。同時，本文指出〈色，戒〉中愛情隱喻的失敗，在於喪失的處女膜無法及時與戒指凝縮成隱喻，因而成為受延宕、未完成的命名，進而點出，張愛玲的書寫一方面遵從著鴛鴦蝴蝶派的風格，書寫愛情隱喻的產生，同時亦是一種鬆動律法、暴露出愛情隱喻永難穩固的書寫。

What is Lacan’s concept of metaphor of love addressed in his eighth seminar Transference? In other words, how is love structured as a metaphor via the condensation of signifiers? How does Eileen Chang present the (non-)metaphor of love in the short story “Lust, Caution” (Se, Jie)? The first part addresses that Lacan’s theory of love (in the eighth seminar) encompasses the myth of love, the metaphor of love, and the impossible gift of love, agalma. Viewed within Lacan’s overall theory, the myth of love reverberates with the later proposition that “il n’y a pas de rapport sexual”; the metaphor of love is related to the paternal metaphor and the birth of the subject; and agalma not merely plays a role in transference but serves as a theoretical model for the later objet petit a. Second, a detailed textual analysis of Chang’s “Lust, Caution” reveals the ring as the agalma in fantasy as well as the key to the metaphor of love. Finally, the paper makes the case that the failure of metaphor of love in “Lust, Caution” results from an incomplete and deferred act of naming, that is, the failed substitution of the lost hymen by the ring. Chang’s writing presents a mixed style of yuan yan hu die pai novels (the traditional Chinese popular romance) that revolve around the birth of metaphor of love, as well as a subversive exposé of the non-metaphor of love that undermines Lacan’s theory of metaphor.