The Linguistic context deals most specifically with the words within a passage. You yourself OldRegular, have put on special linguistic glasses to examine biblical words. Word-level studies are often a starting place for finding out what a passage means. There are other tools, glasses that help us to more clearly see what the author of a passage is trying to communicate.
We can look at the literary context; what is the genre of the passage? ...narrative, wisdom literature, poetry, etc. The literary context frames our interpretation - they are a hermeneutical set of glasses to aid us in our interpretation.
We also need to put on hermeneutical glasses to view the worldview context of the passage; the historical, cultural and religious contexts help us to understand the authors point of view when writing the passage.
Hope this clears things up.
Rob