breakage vs chip

breakage and chip both are nouns.

Word	Noun	Adjective	Verb	Adverb
breakage	Yes	No	No	No
chip	Yes	No	Yes	No

As nouns, chip is a hyponym of breakage; that is, chip is a word with a more specific, narrower meaning than breakage:

Other hyponyms of breakage include rupture, shattering, smashing, crack, cracking, fracture, chipping, splintering.

breakage (noun)	chip (noun)
the act of breaking something	the act of chipping something
reimbursement for goods damaged while in transit or in use	(golf) a low running approach shot
the quantity broken	electronic equipment consisting of a small crystal of a silicon semiconductor fabricated to carry out a number of electronic functions in an integrated circuit
	a small disk-shaped counter used to represent money when gambling
	a triangular wooden float attached to the end of a log line
	a mark left after a small piece has been chopped or broken off of something
	a thin crisp slice of potato fried in deep fat
	a small fragment of something broken off from the whole
	a piece of dried bovine dung