Phono-semantic matching (PSM) is a linguistic term referring to camouflaged borrowing in which a foreign word is matched with a phonetically and semantically similar pre-existent native word/root.
It may alternatively be defined as the entry of a multisourced neologism that preserves both the meaning and the approximate sound of the parallel expression in the source language, using pre-existent words/roots of the target language.
Phono-semantic matching is distinct from calquing. While calquing includes (semantic) translation, it does not consist of phonetic matching (i.e. retaining the approximate sound of the borrowed word through matching it with a similar-sounding pre-existent word/morpheme in the target language). Phono-semantic matching is also distinct from homophonic translation, which retains only the sound, and not the semantics.
Read more about Phono-semantic Matching: History, Motivations For Phono-semantic Matching