formation vs elevation

formation and elevation both are nouns.

Word	Noun	Adjective	Verb	Adverb
formation	Yes	No	No	No
elevation	Yes	No	No	No

As nouns, elevation is a hyponym of formation; that is, elevation is a word with a more specific, narrower meaning than formation:

formation (noun)	elevation (noun)
the act of fabricating something in a particular shape	the act of increasing the wealth or prestige or power or scope of something
the act of forming or establishing something	drawing of an exterior of a structure
creation by mental activity	distance of something above a reference point (such as sea level)
a particular spatial arrangement	(ballet) the height of a dancer's leap or jump
an arrangement of people or things acting as a unit	the event of something being raised upward
(geology) the geological features of the earth	a raised or elevated geological formation
natural process that causes something to form	angular distance above the horizon (especially of a celestial object)
	the highest level or degree attainable; the highest stage of development