This word has at least two meanings, differentiated by the accent on the syllables.
packed lunch or snack
Ma, nasaan ang baon ko?
Mom, where’s my packed lunch?
Baunin mo ito.
Bring this to eat later.
Bring some provisions with you.
Anong baon mo?
= What provisions did you bring with you?
What’s your packed lunch / packed snack?
Wala akong dalang baon.
I didn’t bring any provisions with me.
baón sa utang
buried in debt
ibaón sa limot
“to bury in forgetting”
to banish from one’s mind completely