Sentence:  Like Mr. Loesser , Jerry Herman is both composer and lyriist for Milk and Honey ( R. C. A. Victor LOC 1065 ; stereo LSO 1065 ) , but in this case it <WSD>is</WSD> the music that stands above the lyrics . 
Meaning of the word marked with <WSD> tags:  have the quality of being; (copula, used with an adjective or a predicate noun)