* Bowl is pronounced with a long "o" sound, similar to the "o" in "go" (bōl).
* Bow can be pronounced with a short "o" sound, similar to the "o" in "hot" (bō), or with a long "o" sound, similar to the "o" in "go" (bō).
While they have similar spellings, they have distinct pronunciations, making them not homophones.