paregoric vs medicament

paregoric and medicament both are nouns.

Word	Noun	Adjective	Verb	Adverb
paregoric	Yes	No	No	No
medicament	Yes	No	No	No

As nouns, medicament is a hypernym of paregoric; that is, medicament is a word with a broader meaning than paregoric:

paregoric: medicine used to treat diarrhea
medicament: (medicine) something that treats or prevents or alleviates the symptoms of disease

Other hypernyms of paregoric include medication, medicinal drug, medicine.

paregoric (noun)	medicament (noun)
medicine used to treat diarrhea	(medicine) something that treats or prevents or alleviates the symptoms of disease