This article argues that the conceptualization of the notions of character and characterization in ancient rhetorical treatises can serve as a hermeneutical tool for the analysis of characterization in narrative literature. It offers an analysis of ancient rhetorical loci and techniques of character depiction and points out that ancient rhetorical theory discusses direct, metaphorical, and metonymical techniques of characterization. Ultimately, it provides the modern scholar with a paradigm for the analysis of characterization in (ancient) narrative literature.