clipping vs excerpt

clipping and excerpt both are nouns.

Word	Noun	Adjective	Verb	Adverb
clipping	Yes	No	No	No
excerpt	Yes	No	Yes	No

As nouns, excerpt is a hypernym of clipping; that is, excerpt is a word with a broader meaning than clipping:

Other hypernyms of clipping include excerption, extract, selection.

clipping (noun)	excerpt (noun)
the act of clipping or snipping	a passage selected from a larger work
cutting down to the desired size or shape
an excerpt cut from a newspaper or magazine

clipping (verb)	excerpt (verb)
	take out of a literary work in order to cite or copy