the homonym of the highlighted word: The priest lifted the chalice during the Eucharist.

Explanation:

The word “chalice” means a cup or goblet, especially a ceremonial one used in religious rituals.

A homonym is a word that:

• has the same spelling and pronunciation
• but can have different meanings (or used in different contexts)

Analysis of options:

1. The forger crafted a silver chalice with vine engravings. ✅
   • “chalice” = a cup (same word, same meaning category) ✔
2. The noble toasted with a jeweled chalice.
   • Same meaning (cup), but very similar usage—not distinctly different context ❌
3. The investor discussed the chalice of currency debasement.
   • Incorrect usage; “chalice” is not used in this context ❌
4. The altar server held the golden chalice reverently.
   • Same religious context and meaning as original ❌

Extra Facts:

• Homonym types:
  1. Homophones → same sound, different spelling (right / write)
  2. Homographs → same spelling, different meaning (bat – animal / cricket bat)
• In exams, they often expect:
  • Same word used in a different but valid context

Final Answer:

The forger crafted a silver chalice with vine engravings.