Chapstick, e.g. is a type of lip BALM that is used to moisturize and protect the lips from dryness and cold weather. It is usually sold in a small tube and is applied directly to the lips. The two crossword solutions for this term are BALM (4 letters) and LIPBALM (7 letters). BALM is a general term for any type of ointment or salve that is used to soothe and heal skin. LIPBALM specifically refers to a type of BALM that is used to moisturize and protect the lips.