I. noun
Etymology: palm (I) (of the hand)
slang : money given as a bribe or tip
II. noun
Etymology: palm (I) (tree)
: a semisolid or solid red or yellowish brown edible fat obtained from the flesh of the fruit especially of the African oil palm and used chiefly in making soap, candles, and lubricating greases and in coating iron or steel plates to be tinned