lacing vs shoestring

lacing and shoestring both are nouns.

Word	Noun	Adjective	Verb	Adverb
lacing	Yes	No	No	No
shoestring	Yes	No	No	No

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

lacing: a cord that is drawn through eyelets or around hooks in order to draw together two edges (as of a shoe or garment)
shoestring: a lace used for fastening shoes

Other hyponyms of lacing include bootlace, shoe lace, shoe string, shoelace.

lacing (noun)	shoestring (noun)
the act of inflicting corporal punishment with repeated blows	a lace used for fastening shoes
a cord that is drawn through eyelets or around hooks in order to draw together two edges (as of a shoe or garment)	a small amount of money
a small amount of liquor added to a food or beverage