set vs gauge

set and gauge both are nouns.

Word	Noun	Adjective	Verb	Adverb
set	Yes	Yes	Yes	No
gauge	Yes	No	Yes	No

As verbs, gauge is a hypernym of set; that is, gauge is a word with a broader meaning than set:

Other hypernyms of set include approximate, estimate, guess, judge.

set (noun)	gauge (noun)
several exercises intended to be done in series	a measuring instrument for measuring and indicating a quantity such as the thickness of wire or the amount of rain etc.
the act of putting something in position	the distance between the rails of a railway or between the wheels of a train
representation consisting of the scenery and other properties used to identify the location of a dramatic production	the thickness of wire
any electronic equipment that receives or transmits radio or tv signals	diameter of a tube or gun barrel
(psychology) being temporarily ready to respond in a particular way	accepted or approved instance or example of a quantity or quality against which others are judged or measured or compared
a relatively permanent inclination to react in a particular way
the descent of a heavenly body below the horizon
a group of things of the same kind that belong together and are so used
an unofficial association of people or groups
(mathematics) an abstract collection of numbers or symbols
the process of becoming hard or solid by cooling or drying or crystallization
a unit of play in tennis or squash

set (adjective)	gauge (adjective)
set down according to a plan
being below the horizon
converted to solid form (as concrete)
fixed and unmoving
(usually followed by `to' or `for') on the point of or strongly disposed
situated in a particular spot or position
determined or decided upon as by an authority

set (verb)	gauge (verb)
arrange attractively	measure precisely and against a standard
produce fruit	adapt to a specified measurement
alter or regulate so as to achieve accuracy or conform to a standard	mix in specific proportions
put into a certain state; cause to be in a certain state	judge tentatively or form an estimate of (quantities or time)
set to a certain position or cause to operate correctly	determine the capacity, volume, or contents of by measurement and calculation
equip with sails or masts	rub to a uniform size
become gelatinous
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
fix conclusively or authoritatively
estimate
decide upon or fix definitely
establish as the highest level or best performance
urge to attack someone
put into a certain place or abstract location
fix in a border
give a fine, sharp edge to a knife or razor
insert (a nail or screw below the surface, as into a countersink)
put or set (seeds, seedlings, or plants) into the ground
put into a position that will restore a normal state
adapt for performance in a different way
locate
set in type
apply or start
disappear beyond the horizon