peg top vs spinning top

peg top and spinning top both are nouns.

Word	Noun	Adjective	Verb	Adverb
peg top	Yes	No	No	No
spinning top	Yes	No	No	No

As nouns, spinning top is a hypernym of peg top; that is, spinning top is a word with a broader meaning than peg top:

peg top: a pear-shaped top made of wood with a metal center pin
spinning top: a conical child's plaything tapering to a steel point on which it can be made to spin

Other hypernyms of peg top include teetotum, top, whirligig.

peg top (noun)	spinning top (noun)
a pear-shaped top made of wood with a metal center pin	a conical child's plaything tapering to a steel point on which it can be made to spin