graduation vs baccalaureate

graduation and baccalaureate both are nouns.

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

graduation (noun)	baccalaureate (noun)
the act of arranging in grades	an academic degree conferred on someone who has successfully completed undergraduate studies
the successful completion of a program of study	a farewell sermon to a graduating class at their commencement ceremonies
a line (as on a vessel or ruler) that marks a measurement
an academic exercise in which diplomas are conferred