ribbon vs laurels

ribbon and laurels both are nouns.

Word	Noun	Adjective	Verb	Adverb
ribbon	Yes	No	No	No
laurels	Yes	No	No	No

As nouns, laurels is a hypernym of ribbon; that is, laurels is a word with a broader meaning than ribbon:

ribbon: an award for winning a championship or commemorating some other event
laurels: a tangible symbol signifying approval or distinction

Other hypernyms of ribbon include accolade, award, honor, honour.

ribbon (noun)	laurels (noun)
notion consisting of a narrow strip of fine material used for trimming	a tangible symbol signifying approval or distinction
a long strip of inked material for making characters on paper with a typewriter	the state of being honored
an award for winning a championship or commemorating some other event
any long object resembling a thin line