peonage vs subjugation

peonage and subjugation both are nouns.

Word	Noun	Adjective	Verb	Adverb
peonage	Yes	No	No	No
subjugation	Yes	No	No	No

As nouns, subjugation is a hypernym of peonage; that is, subjugation is a word with a broader meaning than peonage:

Other hypernyms of peonage include subjection.

peonage (noun)	subjugation (noun)
the practice of making a debtor work for his creditor until the debt is discharged	the act of conquering
the condition of a peon	the act of subjugating by cruelty
	forced submission to control by others