conclusion vs outcome

conclusion and outcome both are nouns.

Word	Noun	Adjective	Verb	Adverb
conclusion	Yes	No	No	No
outcome	Yes	No	No	No

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

conclusion (noun)	outcome (noun)
the act of ending something	something that results
the act of making up your mind about something	a phenomenon that follows and is caused by some previous phenomenon
a position or opinion or judgment reached after consideration
an intuitive assumption
the last section of a communication
the proposition arrived at by logical reasoning (such as the proposition that must follow from the major and minor premises of a syllogism)
a final settlement
event whose occurrence ends something
the temporal end; the concluding time