lancewood tree vs laurelwood

lancewood tree and laurelwood both are nouns.

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

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

lancewood tree and laurelwood: tropical American tree; valued for its hard durable wood

Other synonyms of lancewood tree include Calophyllum candidissimum.

lancewood tree (noun)	laurelwood (noun)
source of most of the lancewood of commerce	tropical American tree; valued for its hard durable wood
tropical American tree; valued for its hard durable wood