DuckCorp Dico

Found one definition

1.                 From WordNet (r) 3.0 (2006):
                   
   
   
                   
                     
   balm
       n 1: any of various aromatic resinous substances used for
            healing and soothing
       2: semisolid preparation (usually containing a medicine) applied
          externally as a remedy or for soothing an irritation [syn:
          ointment, unction, unguent, balm, salve]