What is cooler than being cool? Join us in this video as we learn all about context clues and homonyms. A homonym is a word with multiple meanings, like cool or fly. Cool can mean awesome, or chilly. When we come across homonyms while reading, it is important to use context clues to figure out the meaning of the word. For example, a fly uses its wings to fly. The word fly is used twice, but means different things. So, what is cooler than being cool? Ice cold!