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Recent work on argument selection couched in a lexical decomposition approach (Ehrich & Rapp 2000) postulates different linking properties for verbs and nouns, challenging current views on argument inheritance. In this paper, I show that the different behavior with respect to verbal and nominal linking observed for Present-Day German does not carry over to ung-nominals in Early New High German. Deverbal nouns and corresponding verbs rather behave alike with respect to argument linking. I shall argue that this change is motivated by the growing rift between ung-nominals and their verbal bases both focussing on different parts oftheir lexicosemantic structure in Present-Day German. Evidence for the verb-like behavior of ung-nominals in Early New High German comes from the regular meaning relation between verbs and corresponding derived nouns, the actional properties of event-denoting nouns, and the patterning of ung-nominals with nominalized infinitives. Even their syntactic behavior reflects the verbal character of ung-nominals during that period of the German language. The diachronic facts can be accounted for in a straightforward way once we adopt a lexical decomposition approach to argument selection.