homophone n 1: two words are homophones if they are pronounced the same way but differ in meaning or spelling or both (e.g. bare and bear)
Homophone \Hom"o*phone\, n. [Cf. F. homophone. See {Homophonous}.] 1. A letter or character which expresses a like sound with another. --Gliddon. [1913 Webster] 2. A word having the same sound as another, but differing from it in meaning and usually in spelling; as, all and awl; bare and bear; rite, write, right, and wright. Homophonic