The act or process of exalting; the state of being exalted or elevated.
From exalt + -ment suffix (forming nouns from verbs, denoting action or result). Though less common than exaltation, it follows the same principle of nominalizing the verb.
The -ment suffix is older than -tion in some cases—it comes from Latin and Old French, and sometimes English has both -ment and -tion versions of the same word (like 'government' and 'celebration'), each with slightly different flavors!
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