devolvement vs delegating

devolvement and delegating both are nouns.

Word	Noun	Adjective	Verb	Adverb
devolvement	Yes	No	No	No
delegating	Yes	No	No	No

As nouns, delegating is a hypernym of devolvement; that is, delegating is a word with a broader meaning than devolvement:

devolvement: the delegation of authority (especially from a central to a regional government)
delegating: authorizing subordinates to make certain decisions

Other hypernyms of devolvement include delegation, deputation, relegating, relegation.

devolvement (noun)	delegating (noun)
the delegation of authority (especially from a central to a regional government)	authorizing subordinates to make certain decisions