balm / bomb are similar-sounding terms with different meanings (referred to as homophones). To better understand the differences, see below for definitions, pronunciation guides, and example sentences using each term. 👇
balm: (noun) any of various aromatic resinous substances used for healing and soothing.
bomb: (noun) an explosive device fused to explode under specific conditions.
balm: b·AA·m
bomb: b·AA·m
(Examples are Wikipedia snippets under the CC ShareAlike 3.0 license. Definitions drawn from WordNet.)