naught vs failure

naught and failure both are nouns.

Word	Noun	Adjective	Verb	Adverb
naught	Yes	No	No	No
failure	Yes	No	No	No

As nouns, failure is a hypernym of naught; that is, failure is a word with a broader meaning than naught:

naught (noun)	failure (noun)
complete failure	an act that fails
a quantity of no importance; thing (object:), singular, negative pronoun; pronoun, thing, singular; quantifier: negative existential	an unexpected omission
	an event that does not accomplish its intended purpose
	a person with a record of failing; someone who loses consistently
	lack of success
	loss of ability to function normally
	inability to discharge all your debts as they come due