Oscar vs laurels

Oscar and laurels both are nouns.

Word	Noun	Adjective	Verb	Adverb
Oscar	Yes	No	No	No
laurels	Yes	No	No	No

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

Oscar: an annual award by the Academy of Motion Picture Arts and Sciences for achievements in motion picture production and performance
laurels: a tangible symbol signifying approval or distinction

Other hypernyms of Oscar include accolade, award, honor, honour.

Oscar (noun)	laurels (noun)
an annual award by the Academy of Motion Picture Arts and Sciences for achievements in motion picture production and performance	a tangible symbol signifying approval or distinction
	the state of being honored