bail / bale
Money, water, and help versus a bound bundle.
Bail is the money that frees a prisoner pending trial, the act of scooping water from a boat, and the phrasal verb bail out (help, or jump from a plane). A bale is a bound bundle: a bale of hay. British English sometimes writes bale out for leaving an aircraft. Write bail out.
Examples
Use The court set bail.
Use They bailed water from the skiff.
Use a bale of cotton
Avoid a bail of cotton