chlorine water vs bleach

chlorine water and bleach both are nouns.

Word	Noun	Adjective	Verb	Adverb
chlorine water	Yes	No	No	No
bleach	Yes	No	Yes	No

As nouns, bleach is a hypernym of chlorine water; that is, bleach is a word with a broader meaning than chlorine water:

Other hypernyms of chlorine water include solution, blanching agent, bleaching agent, whitener.

chlorine water (noun)	bleach (noun)
an aqueous solution of chlorine used as a bleaching agent	the act of whitening something by bleaching it (exposing it to sunlight or using a chemical bleaching agent)
	the whiteness that results from removing the color from something
	an agent that makes things white or colorless

chlorine water (verb)	bleach (verb)
	make whiter or lighter
	cause to become white or lighter in color