neckband vs banding

neckband and banding both are nouns.

Word	Noun	Adjective	Verb	Adverb
neckband	Yes	No	No	No
banding	Yes	No	No	No

As nouns, banding is a hypernym of neckband; that is, banding is a word with a broader meaning than neckband:

neckband: a band around the collar of a garment
banding: an adornment consisting of a strip of a contrasting color or material

Other hypernyms of neckband include band, stripe.

neckband (noun)	banding (noun)
a band that fits around the neck and is usually folded over	an adornment consisting of a strip of a contrasting color or material
necklace that fits tightly around a woman's neck	a stripe or stripes of contrasting color
a band around the collar of a garment