set up vs put

set up is not a noun while put is a noun.

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

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

Other synonyms of set up include arrange, order.

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

Other hypernyms of set up include lay, place, pose, position, set.

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

Other hypernyms of set up include lay, place, pose, position, set.

set up (noun)	put (noun)
	the option to sell a given stock (or stock index or commodity future) at a given price before a given date

set up (verb)	put (verb)
get ready for a particular purpose or event	arrange thoughts, ideas, temporal events
make ready or suitable or equip in advance for a particular purpose or for some use, event, etc	estimate
equip with sails or masts	formulate in a particular style or language
arrange thoughts, ideas, temporal events	attribute or give
put into a proper or systematic order	put into a certain place or abstract location
erect and fasten	cause to be in a certain state; cause to be in a certain relation
set up for use	adapt
place	cause (someone) to undergo something
create by putting components or members together	make an investment
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