As nouns the difference between palm and pall
is that
palm is any of various evergreen trees from the family
Palmae or
Arecaceae, which are mainly found in the tropics while
pall is fine cloth, especially purple cloth used for robes.
As verbs the difference between palm and pall
is that
palm is to hold or conceal something in the palm of the hand, e.g, for an act of sleight of hand or to steal something while
pall is to cloak.