What is the term for a clever play on words?

A clever play on words is referred to as a pun. Puns often involve using a word that has multiple meanings or similar-sounding words to create humor or a witty effect. This linguistic device can add a layer of meaning to text or dialogue, making it more engaging and entertaining for the audience.

For example, a common pun is the phrase "Time flies like an arrow; fruit flies like a banana," which plays on the different meanings of "flies." This showcases the creative use of language that puns embody, highlighting their role in humor and wordplay. Other literary devices mentioned, like metaphor, simile, and hyperbole, serve different purposes in language and do not focus specifically on wordplay in the same manner.