jubilee vs anniversary

jubilee and anniversary both are nouns.

Word	Noun	Adjective	Verb	Adverb
jubilee	Yes	No	No	No
anniversary	Yes	No	No	No

As nouns, anniversary is a hypernym of jubilee; that is, anniversary is a word with a broader meaning than jubilee:

jubilee: a special anniversary (or the celebration of it)
anniversary: the date on which an event occurred in some previous year (or the celebration of it)

Other hypernyms of jubilee include day of remembrance.

jubilee (noun)	anniversary (noun)
a special anniversary (or the celebration of it)	the date on which an event occurred in some previous year (or the celebration of it)