homonym

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The Word of the Day for June 7 is: 

homonym   \HAH-muh-nim\   noun
     1 : homophone
     2: homograph
    *3 : one of two or more words spelled and pronounced alike but different in 
meaning (as the noun "quail" and the verb "quail")

Example sentence:
     Asked for an example of homonyms, Cal suggested "nail" -- as in the one on 
his finger and the one hammered through wood.

Did you know?
     A lot of people are confused by homonyms, homophones, and homographs. 
Thinking about the endings of the words may help you keep them straight. 
"Homophones" are words that sound the same, but that have different meanings or 
spellings (like "to," "two," and "too"). "Homographs" are spelled alike, but 
differ in meaning or pronunciation (like the "bow" in your hair and the "bow" 
of a ship). "Homonym" can be a synonym of either "homophone" or "homograph," 
but some writers prefer to use it only for words that are both homophones and 
homographs (like the game of "pool" and a "pool" of water).