A true contradiction- I think it refers to the next line saying that the name maybe that of a range weapon or item but the item itself is melee or vice versa
For melee or range- "
and does it employ - Setting up for the next line asking which of the three does it use. It also hints that the iem answer what ever it is makes unsure how it exacltly hits.
mass money or impact. - "

For the reasoning i have 4 ideas is it;
1.Deathblow?
2.Slash All?
3.Mime?
4. Command materia in genral?