buddher jagaranam svapnah
so 'dhyaksah purusah parah
buddheh-of the intelligence; jagaranam-the waking or active state of the gross senses; svapnah-dreaming (the activity of the senses without the gross body); susuptih-deep sleep or cessation of all activities (although the living entity is the seer); iti-thus; vrttayah-the various transactions; tah-they; yena-by whom; eva-indeed; anubhuyante-are perceived; sah-that; adhyaksah-overseer (who is different from the activities); purusah-the enjoyer; parah-transcendental.