peanut vs peanut oil

peanut and peanut oil both are nouns.

Word	Noun	Adjective	Verb	Adverb
peanut	Yes	Yes	No	No
peanut oil	Yes	No	No	No

peanut (noun)	peanut oil (noun)
pod of the peanut vine containing usually 2 nuts or seeds; `groundnut' and `monkey nut' are British terms	an oil from peanuts; used in cooking and making soap
a young child who is small for his age
widely cultivated American plant cultivated in tropical and warm regions; showy yellow flowers on stalks that bend over to the soil so that seed pods ripen underground
underground pod of the peanut vine

peanut (adjective)	peanut oil (adjective)
of little importance or influence or power; of minor status