orangewood vs wood

orangewood and wood both are nouns.

Word	Noun	Adjective	Verb	Adverb
orangewood	Yes	No	No	No
wood	Yes	No	No	No

As nouns, wood is a hypernym of orangewood; that is, wood is a word with a broader meaning than orangewood:

orangewood (noun)	wood (noun)
fine-grained wood of an orange tree; used in fine woodwork	any wind instrument other than the brass instruments
	a golf club with a long shaft used to hit long shots; originally made with a wooden head
	the trees and other plants in a large densely wooded area
	the hard fibrous lignified substance under the bark of trees