Balm meaning : Any of various aromatic resins exuded from certain plants, especially trees of the genus Commiphora of Africa, Arabia and India and Myroxylon of South America. A plant or tree yielding such substance. Any soothing oil or lotion, especially an aromatic one. Something soothing. The lemon balm, Melissa officinalis Any of a number of other aromatic herbs with a similar citrus-like scent, such as bee balm and horse balm. To anoint with balm, or with anything medicinal. To soothe; to mitigate.