1. noun /pɑːm,pɑm,pɑlm/
a) Any of various evergreen trees from the family Palmae or Arecaceae, which are mainly found in the tropics.
The open palm of desire wants everything.
b) The inner and somewhat concave part of the human hand that extends from the wrist to the bases of the fingers.
2. verb /pɑːm,pɑm,pɑlm/
a) To hold or conceal something in the palm of the hand, e.g, for an act of sleight of hand or to steal something.
b) To hold something without bending the fingers significantly.
Wikipedia foundation.