fairy vs hob

fairy and hob both are nouns.

Word	Noun	Adjective	Verb	Adverb
fairy	Yes	No	No	No
hob	Yes	No	Yes	No

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

fairy (noun)	hob (noun)
a small being, human in form, playful and having magical powers	a shelf beside an open fire where something can be kept warm
offensive term for a homosexual man	a hard steel edge tool used to cut gears
	(folklore) a small grotesque supernatural creature that makes trouble for human beings
	(folklore) fairies that are somewhat mischievous

fairy (verb)	hob (verb)
	cut with a hob