The wonderful Miles Kington, jazz musician and humorous writer, died in 2008. One of his last columns featured pairs of sentences that sounded just the same but had completely different meanings. I went away thinking about this. Soon after, he died; but I had my own example, which I would have loved to share with him:
“Aren’t telly plays extremely meretricious, Ed?”
Telly is British slang for TV and this sentence could also be an editorial comment: “Aren’t telly plays extremely meretricious? – Ed.”
and, where the speaker has an actress relative:
“Aunt Ellie plays sex dreamily,” merry Tricia said.