bachelor's degree vs baccalaureate

bachelor's degree and baccalaureate both are nouns.

Word	Noun	Adjective	Verb	Adverb
bachelor's degree	Yes	No	No	No
baccalaureate	Yes	No	No	No

As nouns, bachelor's degree and baccalaureate are synonyms defined as:

bachelor's degree and baccalaureate: an academic degree conferred on someone who has successfully completed undergraduate studies

bachelor's degree (noun)	baccalaureate (noun)
an academic degree conferred on someone who has successfully completed undergraduate studies	an academic degree conferred on someone who has successfully completed undergraduate studies
	a farewell sermon to a graduating class at their commencement ceremonies