lancewood tree vs lancewood

lancewood tree and lancewood both are nouns.

Word	Noun	Adjective	Verb	Adverb
lancewood tree	Yes	No	No	No
lancewood	Yes	No	No	No

As nouns, lancewood tree and lancewood are synonyms defined as:

lancewood tree and lancewood: source of most of the lancewood of commerce

Other synonyms of lancewood tree include Oxandra lanceolata.

lancewood tree (noun)	lancewood (noun)
source of most of the lancewood of commerce	source of most of the lancewood of commerce
tropical American tree; valued for its hard durable wood	durable straight-grained wood of the lacewood tree; used for building and cabinetwork and tools