The /v/ sound is spelled with <v> or <ve>. The /m/ sound is spelled <m>, <mm> or <mb> in plumber. Notice how the homograph live pairs with limb/limn and lime, while the homograph (for American English speakers) dove pairs with dome and dumb.
The contrast is between a labio-dental fricative and a bilabial nasal continuant, both voiced. It can occasionally be a problem for learners, especially in syllable-final position.
The rhyming pair "Very merry" often occurs in greetings. Other interesting pairs include:
The mean density value is 2.1%. The list makes 124 semantic distinctions, a loading of 58%.
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Credit: John Higgins