MANTRA ARTH means MEANING OF THE MANTRAS
For our intellectual mind it is a satisfying experience to know the purpose and meaning of everything.
It can be noted that at the time of the chanting there is not much of a need to contemplate on the meaning of the mantra.
There is a special category of Mantras called Contemplative Mantras, whose meaning has to be Contemplated upon as they are chanted.
Mantra "SOHAM"(the sound of our breath) is a Contemplative Mantra. It means "I AM THAT".