favor vs elevate

favor is a noun but elevate is not a noun.

Word	Noun	Adjective	Verb	Adverb
favor	Yes	No	Yes	No
elevate	No	No	Yes	No

As verbs, elevate is a hypernym of favor; that is, elevate is a word with a broader meaning than favor:

Other hypernyms of favor include advance, kick upstairs, promote, raise, upgrade.

favor (noun)	elevate (noun)
an act of gracious kindness
souvenir consisting of a small gift given to a guest at a party
an advantage to the benefit of someone or something
an inclination to approve
a feeling of favorable regard

favor (verb)	elevate (verb)
consider as the favorite	raise in rank or condition
promote over another	raise from a lower to a higher position
treat gently or carefully	give a promotion to or assign to a higher position
bestow a privilege upon