lace vs filet

lace and filet both are nouns.

Word	Noun	Adjective	Verb	Adverb
lace	Yes	No	Yes	No
filet	Yes	No	Yes	No

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

lace: a delicate decorative fabric woven in an open web of symmetrical patterns
filet: lace having a square mesh

Other hyponyms of lace include Brussels lace, fillet, macrame, bobbin lace, pillow lace, needlepoint, point lace.

lace (noun)	filet (noun)
a delicate decorative fabric woven in an open web of symmetrical patterns	lace having a square mesh
a cord that is drawn through eyelets or around hooks in order to draw together two edges (as of a shoe or garment)	a boneless steak cut from the tenderloin of beef
	a longitudinal slice or boned side of a fish

lace (verb)	filet (verb)
add alcohol to (beverages)	cut into filets
draw through eyes or holes	decorate with a lace of geometric designs
spin, wind, or twist together
do lacework
make by braiding or interlacing