bout vs time period

bout and time period both are nouns.

Word	Noun	Adjective	Verb	Adverb
bout	Yes	No	No	No
time period	Yes	No	No	No

As nouns, time period is a hypernym of bout; that is, time period is a word with a broader meaning than bout:

Other hypernyms of bout include period, period of time.

bout (noun)	time period (noun)
an occasion for excessive eating or drinking	an amount of time
a contest or fight (especially between boxers or wrestlers)
(sports) a division of a game during which one team is on the offensive
a period of illness