The resinous and aromatic exudation of certain trees or shrubs.
3.
Any fragrant ointment.
4.
Anything that heals or that mitigates pain. "Balm for each ill."
Balm cricket (Zool.), the European cicada.
Balm of Gilead (Bot.), a small evergreen African and Asiatic tree of the terebinthine family (Balsamodendron Gileadense). Its leaves yield, when bruised, a strong aromatic scent; and from this tree is obtained the balm of Gilead of the shops, or balsam of Mecca. This has a yellowish or greenish color, a warm, bitterish, aromatic taste, and a fragrant smell. It is valued as an unguent and cosmetic by the Turks. The fragrant herb Dracocephalum Canariense is familiarly called balm of Gilead, and so are the American trees, Populus balsamifera, variety candicans (balsam poplar), and Abies balsamea (balsam fir).
... should wonder what event of the day would be woven into a dream; as I performed certain acts I found myself wondering, will this appear tonight, and how? One Sunday I walked across lots to church and on the way picked a twig of balm of Gilead poplar keeping it with me through service for its fragrance. That night I dream that I am in a pasture looking for fertile fronds of the cinnamon fern which I fail to find. I see cows and am afraid.—This based on reality of a few days before.—At length by a stone I find ... — The Journal of Abnormal Psychology - Volume 10