set vs ready

set and ready both are nouns.

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

As verbs, set and ready are synonyms defined as:

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

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

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

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

Other hypernyms of set include fix, gear up, prepare, set, set up.

set (noun)	ready (noun)
several exercises intended to be done in series	poised for action
the act of putting something in position
representation consisting of the scenery and other properties used to identify the location of a dramatic production
any electronic equipment that receives or transmits radio or tv signals
(psychology) being temporarily ready to respond in a particular way
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)	ready (adjective)
set down according to a plan	completely prepared or in condition for immediate action or use or progress
being below the horizon	apprehending and responding with speed and sensitivity
converted to solid form (as concrete)	made suitable and available for immediate use
fixed and unmoving	mentally disposed
(usually followed by `to' or `for') on the point of or strongly disposed	(of especially money) immediately available
situated in a particular spot or position
determined or decided upon as by an authority

set (verb)	ready (verb)
arrange attractively	make ready or suitable or equip in advance for a particular purpose or for some use, event, etc
produce fruit	prepare for eating by applying heat
alter or regulate so as to achieve accuracy or conform to a standard
put into a certain state; cause to be in a certain state
set to a certain position or cause to operate correctly
equip with sails or masts
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