peerage vs nobility

peerage and nobility both are nouns.

Word	Noun	Adjective	Verb	Adverb
peerage	Yes	No	No	No
nobility	Yes	No	No	No

As nouns, nobility is a hypernym of peerage; that is, nobility is a word with a broader meaning than peerage:

Other hypernyms of peerage include aristocracy.

peerage (noun)	nobility (noun)
the peers of a kingdom considered as a group	the quality of elevation of mind and exaltation of character or ideals or conduct
	a privileged class holding hereditary titles
	the state of being of noble birth