bard vs poet

bard and poet both are nouns.

Word	Noun	Adjective	Verb	Adverb
bard	Yes	No	Yes	No
poet	Yes	No	No	No

As nouns, poet is a hypernym of bard; that is, poet is a word with a broader meaning than bard:

bard: a lyric poet
poet: a writer of poems (the term is usually reserved for writers of good poetry)

bard (noun)	poet (noun)
an ornamental caparison for a horse	a writer of poems (the term is usually reserved for writers of good poetry)
a lyric poet

bard (verb)	poet (verb)
put a caparison on