memory vs faculty

memory and faculty both are nouns.

Word	Noun	Adjective	Verb	Adverb
memory	Yes	No	No	No
faculty	Yes	No	No	No

As nouns, faculty is a hypernym of memory; that is, faculty is a word with a broader meaning than memory:

Other hypernyms of memory include mental faculty, module.

memory (noun)	faculty (noun)
an electronic memory device	one of the inherent cognitive or perceptual powers of the mind
the power of retaining and recalling past experience	the body of teachers and administrators at a school
the cognitive processes whereby past experience is remembered
something that is remembered
the area of cognitive psychology that studies memory processes