waistband vs waistcloth

waistband and waistcloth both are nouns.

Word	Noun	Adjective	Verb	Adverb
waistband	Yes	No	No	No
waistcloth	Yes	No	No	No

As nouns, waistband and waistcloth are synonyms defined as:

waistband and waistcloth: a band of material around the waist that strengthens a skirt or trousers

Other synonyms of waistband include cincture, girdle, sash.

waistband (noun)	waistcloth (noun)
a band of material around the waist that strengthens a skirt or trousers	a band of material around the waist that strengthens a skirt or trousers