time-out vs interruption

time-out and interruption both are nouns.

Word	Noun	Adjective	Verb	Adverb
time-out	Yes	No	No	No
interruption	Yes	No	No	No

As nouns, interruption is a hypernym of time-out; that is, interruption is a word with a broader meaning than time-out:

time-out: a brief suspension of play
interruption: a time interval during which there is a temporary cessation of something

Other hypernyms of time-out include break, intermission, pause, suspension.

time-out (noun)	interruption (noun)
a brief suspension of play	an act of delaying or interrupting the continuity
	some abrupt occurrence that interrupts an ongoing activity
	a time interval during which there is a temporary cessation of something