chess club vs guild

chess club and guild both are nouns.

Word	Noun	Adjective	Verb	Adverb
chess club	Yes	No	No	No
guild	Yes	No	No	No

As nouns, guild is a hypernym of chess club; that is, guild is a word with a broader meaning than chess club:

Other hypernyms of chess club include club, gild, lodge, order, social club, society.

chess club (noun)	guild (noun)
a club of people to play chess	a formal association of people with similar interests