literary vs formal

literary is not a noun while formal is a noun.

Word	Noun	Adjective	Verb	Adverb
literary	No	Yes	No	No
formal	Yes	Yes	No	No

literary (noun)	formal (noun)
	a gown for evening wear
	a lavish dance requiring formal attire

literary (adjective)	formal (adjective)
of or relating to or characteristic of literature	being in accord with established forms and conventions and requirements (as e.g. of formal dress)
appropriate to literature rather than everyday speech or writing	(of spoken and written language) adhering to traditional standards of correctness and without casual, contracted, and colloquial forms
knowledgeable about literature	refined or imposing in manner or appearance; befitting a royal court
	logically deductive
	represented in simplified or symbolic form
	characteristic of or befitting a person in authority