outlook vs lookout

outlook and lookout both are nouns.

Word	Noun	Adjective	Verb	Adverb
outlook	Yes	No	No	No
lookout	Yes	No	No	No

As nouns, outlook and lookout are synonyms defined as:

outlook (noun)	lookout (noun)
the act of looking out	the act of looking out
belief about (or mental picture of) the future	a structure commanding a wide view of its surroundings
a habitual or characteristic mental attitude that determines how you will interpret and respond to situations	an elevated post affording a wide view
	a person employed to keep watch for some anticipated event