Color palette: 

1. Color name: Teal
   Hex code: 
                            
                            #008080
                        
   Palette description: This bold and vibrant shade of teal adds a pop of color to any design. It pairs well with neutrals like gray and beige, and can also be used with other jewel tones for a rich and sophisticated look.

2. Color name: Mustard
   Hex code: 
                            
                            #FFDB58
                        
   Palette description: This warm and spicy shade of mustard is perfect for creating a cozy and inviting atmosphere. It works well with earth tones like brown and olive green, as well as with cool shades like navy blue.

3. Color name: Coral
   Hex code: 
                            
                            #FF7F50
                        
   Palette description: This bright and cheerful shade of coral adds a playful touch to any design. It pairs well with other warm colors like yellow and orange, and also works well with cool shades like turquoise and teal.

4. Color name: Lavender
   Hex code: 
                            
                            #E6E6FA
                        
   Palette description: This soft and soothing shade of lavender is perfect for creating a calming and relaxing atmosphere. It works well with other pastel shades like pink and mint green, as well as with darker shades like navy blue and forest green.

5. Color name: Charcoal
   Hex code: 
                            
                            #36454F
                        
   Palette description: This dark and moody shade of charcoal is perfect for adding depth and drama to any design. It pairs well with lighter shades like white and beige, as well as with other dark shades like navy blue and burgundy.