placement vs formation

placement and formation both are nouns.

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

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

placement (noun)	formation (noun)
the act of putting something in a certain place	the act of fabricating something in a particular shape
contact established between applicants and prospective employees	the act of forming or establishing something
the spatial property of the way in which something is placed	creation by mental activity
	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