pungency vs wit

pungency and wit both are nouns.

Word	Noun	Adjective	Verb	Adverb
pungency	Yes	No	No	No
wit	Yes	No	No	No

As nouns, wit is a hypernym of pungency; that is, wit is a word with a broader meaning than pungency:

pungency: wit having a sharp and caustic quality
wit: a message whose ingenuity or verbal skill or incongruity has the power to evoke laughter

Other hypernyms of pungency include humor, humour, witticism, wittiness.

pungency (noun)	wit (noun)
a strong odor or taste property	mental ability
wit having a sharp and caustic quality	a message whose ingenuity or verbal skill or incongruity has the power to evoke laughter
	a witty amusing person who makes jokes