make peace vs make up

make peace and make up both are verbs.

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

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

Other hypernyms of make peace include conciliate, patch up, reconcile, settle.

make peace (verb)	make up (verb)
end hostilities	apply make-up or cosmetics to one's face to appear prettier
	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