honey vs baby

honey and baby both are nouns.

Word	Noun	Adjective	Verb	Adverb
honey	Yes	Yes	Yes	No
baby	Yes	No	Yes	No

As nouns, honey and baby are synonyms defined as:

Other synonyms of honey include beloved, darling, dear, dearest, dearie, deary, love, sweetheart, sweetie.

honey (noun)	baby (noun)
a sweet yellow liquid produced by bees	a project of personal concern to someone
a beloved person; used as terms of endearment	a very young mammal
	a very young child (birth to 1 year) who has not yet begun to walk or talk
	the youngest member of a group (not necessarily young)
	an immature childish person
	an unborn child; a human fetus
	a beloved person; used as terms of endearment

honey (adjective)	baby (adjective)
of something having the color of honey

honey (verb)	baby (verb)
sweeten with honey	treat with excessive indulgence