laughing owl vs owl

laughing owl and owl both are nouns.

Word	Noun	Adjective	Verb	Adverb
laughing owl	Yes	No	No	No
owl	Yes	No	No	No

As nouns, owl is a hypernym of laughing owl; that is, owl is a word with a broader meaning than laughing owl:

laughing owl: almost extinct owl of New Zealand
owl: nocturnal bird of prey with hawk-like beak and claws and large head with front-facing eyes

Other hypernyms of laughing owl include bird of Minerva, bird of night, hooter.

laughing owl (noun)	owl (noun)
almost extinct owl of New Zealand	nocturnal bird of prey with hawk-like beak and claws and large head with front-facing eyes