society vs elite

society and elite both are nouns.

Word	Noun	Adjective	Verb	Adverb
society	Yes	No	No	No
elite	Yes	Yes	No	No

As nouns, elite is a hypernym of society; that is, elite is a word with a broader meaning than society:

society: the fashionable elite
elite: a group or class of persons enjoying superior intellectual or social or economic status

Other hypernyms of society include elite group.

society (noun)	elite (noun)
an extended social group having a distinctive cultural and economic organization	a group or class of persons enjoying superior intellectual or social or economic status
a formal association of people with similar interests
the fashionable elite
the state of being with someone

society (adjective)	elite (adjective)
	selected as the best