IPA: /ˈwæksˌwɜrm/
KK: /wækswɜrm/
A small, soft-bodied larva that comes from a type of moth, often found in beehives and known for eating beeswax.
The waxworm is often used as bait for fishing due to its high protein content.
Waxworm → The word is formed from "wax" (from Old English *weax*, meaning a substance produced by bees) and "worm" (from Old English *wyrm*, meaning a serpent or a small creature). A waxworm is a larval form of a moth that feeds on beeswax, hence the name combining the two elements.
Think of a small creature ('worm') that feeds on a substance produced by bees ('wax') — that's why a waxworm is associated with beeswax.
No commonly confused words.