Embodiments are directed to a system, computer program product, and method for text mining, and dynamic facet and facet value management and application to a document collection. Two or more words from a first document collection are extracted, with the extracted words being associated with an applied annotation. At least one word is selected from the extracted words, designated as a facet, and a value is selectively added to the facet. An analysis of the added value is dynamically performed, and a dictionary with the annotation, facet, and values is constructed and the dictionary is applied to the document collection. A targeted list of documents is returned from the dictionary application to the document collection.