The verb 'read' in its present tense form and its past tense form (pronounced as 'red') exemplifies which of the following linguistic terms?

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Variants of phonemesWords that sound the sameWords spelled identically but differing in meaningWords that share spelling and pronunciation but differ in meaningNone of the above

Explanation

The word 'read' in present and past tense is spelled the same but pronounced differently and has related meanings, making it an example of homonyms—words that share spelling and pronunciation but differ in meaning.