Nobel prize vs laurels

Nobel prize and laurels both are nouns.

Word	Noun	Adjective	Verb	Adverb
Nobel prize	Yes	No	No	No
laurels	Yes	No	No	No

As nouns, laurels is a hypernym of Nobel prize; that is, laurels is a word with a broader meaning than Nobel prize:

Nobel prize: an annual award for outstanding contributions to chemistry or physics or physiology and medicine or literature or economics or peace
laurels: a tangible symbol signifying approval or distinction

Other hypernyms of Nobel prize include accolade, award, honor, honour.

Nobel prize (noun)	laurels (noun)
an annual award for outstanding contributions to chemistry or physics or physiology and medicine or literature or economics or peace	a tangible symbol signifying approval or distinction
	the state of being honored