lace vs modify

lace is a noun but modify is not a noun.

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

As verbs, modify is a hypernym of lace; that is, modify is a word with a broader meaning than lace:

Other hypernyms of lace include alter, change.

lace (noun)	modify (noun)
a delicate decorative fabric woven in an open web of symmetrical patterns
a cord that is drawn through eyelets or around hooks in order to draw together two edges (as of a shoe or garment)

lace (verb)	modify (verb)
add alcohol to (beverages)	make less severe or harsh or extreme
draw through eyes or holes	add a modifier to a constituent
spin, wind, or twist together	cause to change; make different; cause a transformation
do lacework
make by braiding or interlacing