ready vs set up

ready is a noun but set up is not a noun.

Word	Noun	Adjective	Verb	Adverb
ready	Yes	Yes	Yes	No
set up	No	No	Yes	No

As verbs, ready and set up are synonyms defined as:

ready and set up: make ready or suitable or equip in advance for a particular purpose or for some use, event, etc

Other synonyms of ready include fix, gear up, prepare, set.

As verbs, set up is a hyponym of ready; that is, set up is a word with a more specific, narrower meaning than ready:

ready: make ready or suitable or equip in advance for a particular purpose or for some use, event, etc
set up: get ready for a particular purpose or event

ready (noun)	set up (noun)
poised for action

ready (adjective)	set up (adjective)
completely prepared or in condition for immediate action or use or progress
apprehending and responding with speed and sensitivity
made suitable and available for immediate use
mentally disposed
(of especially money) immediately available

ready (verb)	set up (verb)
make ready or suitable or equip in advance for a particular purpose or for some use, event, etc	get ready for a particular purpose or event
prepare for eating by applying heat	make ready or suitable or equip in advance for a particular purpose or for some use, event, etc
	equip with sails or masts
	arrange thoughts, ideas, temporal events
	put into a proper or systematic order
	erect and fasten
	set up for use
	place
	create by putting components or members together
	construct, build, or erect
	begin, or enable someone else to begin, a venture by providing the means, logistics, etc.
	produce
	take or catch as if in a snare or trap
	arrange the outcome of by means of deceit
	set up or found