lipstick vs make up

lipstick is a noun but make up is not a noun.

Word	Noun	Adjective	Verb	Adverb
lipstick	Yes	No	Yes	No
make up	No	No	Yes	No

As verbs, make up is a hypernym of lipstick; that is, make up is a word with a broader meaning than lipstick:

lipstick (noun)	make up (noun)
makeup that is used to color the lips

lipstick (verb)	make up (verb)
apply lipstick to	apply make-up or cosmetics to one's face to appear prettier
form by tracing with lipstick	put in order or neaten
	come to terms
	concoct something artificial or untrue
	devise or compose
	do or give something to somebody in return
	make up work that was missed due to absence at a later point
	form or compose
	adjust for