formation vs placement

formation and placement both are nouns.

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

As nouns, placement is a hypernym of formation; that is, placement is a word with a broader meaning than formation:

Other hypernyms of formation include arrangement.

formation (noun)	placement (noun)
the act of fabricating something in a particular shape	the act of putting something in a certain place
the act of forming or establishing something	contact established between applicants and prospective employees
creation by mental activity	the spatial property of the way in which something is placed
a particular spatial arrangement
an arrangement of people or things acting as a unit
(geology) the geological features of the earth
natural process that causes something to form