install vs set up

install

verb
  • To admit formally into an office, rank or position. 

  • To connect, set up or prepare something for use, often specifically (in Computing) to transfer software onto a device's permanent storage and put it in a state where it is ready to be run when needed, usually decompressing it if necessary and performing any necessary pre-first-run configuration. 

  • To establish or settle in. 

noun
  • An installation. (Usage originated as a truncated form of the word installation.) 

  • Installer. A software utility that installs an application. 

set up

verb
  • To establish someone in a business or position. 

  • To trick someone in order to make them do something. 

  • To cause to happen. 

  • To level to rise in one part of a body of water, especially a shallow one, because of a storm surge caused by persistent wind. 

  • To profess openly; to make pretensions. 

  • To matchmake; to arrange a date between two people. 

  • To provide the money or other support that someone needs for an important task or activity. 

  • To arrange logically. 

  • To cause to take flight; to flush into the air. 

  • To gel or harden. 

  • To trap or ensnare. 

  • To ready something for use. 

  • To create a goalscoring opportunity (for). 

  • To make (someone) proud or conceited (often in passive). 

  • To ready for use. 

  • To found; to start (a business, scheme) 

  • To arrange for an outcome; to tamper or rig. 

  • To deceive an opponent and capitalize on their reactions with a certain technique or maneuver. 

adj
  • In a position to function; ready. 

How often have the words install and set up occurred in a corpus of books? (source: Google Ngram Viewer )