commencement vs baccalaureate

commencement and baccalaureate both are nouns.

Word	Noun	Adjective	Verb	Adverb
commencement	Yes	No	No	No
baccalaureate	Yes	No	No	No

commencement (noun)	baccalaureate (noun)
the act of starting something	an academic degree conferred on someone who has successfully completed undergraduate studies
an academic exercise in which diplomas are conferred	a farewell sermon to a graduating class at their commencement ceremonies
the time at which something is supposed to begin