The Collaborative International Dictionary of English v.0.48:

Elevate \El"e*vate\, v. t. [imp. & p. p. Elevated; p. pr. &
   vb. n. Elevating.] [L. elevatus, p. p. of elevare; e +
   levare to lift up, raise, akin to levis light in weight. See
   Levity.]
   1. To bring from a lower place to a higher; to lift up; to
      raise; as, to elevate a weight, a flagstaff, etc.
      [1913 Webster]

   2. To raise to a higher station; to promote; as, to elevate
      to an office, or to a high social position.
      [1913 Webster]

   3. To raise from a depressed state; to animate; to cheer; as,
      to elevate the spirits.
      [1913 Webster]

   4. To exalt; to ennoble; to dignify; as, to elevate the mind
      or character.
      [1913 Webster]

   5. To raise to a higher pitch, or to a greater degree of
      loudness; -- said of sounds; as, to elevate the voice.
      [1913 Webster]

   6. To intoxicate in a slight degree; to render tipsy.
      [Colloq. & Sportive] "The elevated cavaliers sent for two
      tubs of merry stingo." --Sir W. Scott.
      [1913 Webster]

   7. To lessen; to detract from; to disparage. [A Latin
      meaning] [Obs.] --Jer. Taylor.
      [1913 Webster]

   To elevate a piece (Gun.), to raise the muzzle; to lower
      the breech.

   Syn: To exalt; dignify; ennoble; erect; raise; hoist;
        heighten; elate; cheer; flush; excite; animate.
        [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Elevated \El"e*va`ted\, a.
   Uplifted; high; lofty; also, animated; noble; as, elevated
   thoughts.
   [1913 Webster]

   Elevated railway, one in which the track is raised
      considerably above the ground, especially a city railway
      above the line of street travel.
      [1913 Webster]

WordNet (r) 3.0 (2006):

elevated
    adj 1: raised above the ground; "an elevated platform"
    2: of high moral or intellectual value; elevated in nature or
       style; "an exalted ideal"; "argue in terms of high-flown
       ideals"- Oliver Franks; "a noble and lofty concept"; "a grand
       purpose" [syn: exalted, elevated, sublime, grand,
       high-flown, high-minded, lofty, rarefied, rarified,
       idealistic, noble-minded]
    3: increased in amount or degree; "raised temperature" [syn:
       raised(a), elevated]
    n 1: a railway that is powered by electricity and that runs on a
         track that is raised above the street level [syn: elevated
         railway, elevated railroad, elevated, el, overhead
         railway]

Moby Thesaurus II by Grady Ward, 1.0:

322 Moby Thesaurus words for "elevated":
   Amtrak, Gongoresque, Johnsonian, L, Olympian, accelerated, aerial,
   affected, afflicted, aggrandized, airy, altitudinous, amplified,
   animated, apotheosized, ascending, aspiring, augmented, august,
   awesome, baggage train, beatified, bedizened, beefed-up, bent, big,
   big-sounding, bighearted, bloated, boiled, bombed, boosted, boozy,
   branch, broadened, cable railroad, cable railway, canned,
   canonized, cheerful, chivalrous, choo-choo, cockeyed,
   cockeyed drunk, cog railroad, cog railway, colossal, convoluted,
   crocked, crocko, declamatory, deepened, deified, dignified,
   distinguished, dominating, el, elated, electric, electric railway,
   electric train, elevated railway, eloquent, embankment, eminent,
   enhanced, enlarged, ennobled, enshrined, enthroned, erect,
   ethereal, ethical, euphuistic, exalted, excellent, exhilarated,
   expanded, express, express train, extended, famous, feeder,
   feeder line, flamboyant, flaming, flashy, flaunting, flier, formal,
   freight, freight train, freighter, fried, fuddled, fulsome,
   funicular, garish, gaudy, generous, glad, glorified, glorious,
   godlike, goods train, grand, grandiloquent, grandiose,
   grandisonant, grave, gravity-operated railway, great,
   great of heart, greathearted, half-seas over, handsome, happy,
   haughty, heightened, held in awe, heroic, high, high and mighty,
   high-flowing, high-flown, high-flying, high-headed, high-minded,
   high-nosed, high-pitched, high-reaching, high-set, high-sounding,
   high-toned, high-up, highfalutin, highfaluting, hiked, honorable,
   horse railway, idealistic, illuminated, illustrious, immortal,
   immortalized, imposing, impressive, increased, inflated, inkhorn,
   inspiring, intensified, interurban, jazzed up, joyful, junction,
   knightly, labyrinthine, largehearted, lauded, lexiphanic, liberal,
   lifted, light railroad, lightning express, limited, line, lit,
   lit up, loaded, local, lofty, lubricated, lurid, lushy,
   magnanimous, magnificent, magnified, magniloquent, main line,
   majestic, meretricious, metro, mighty, milk train, monorail,
   monumental, moral, mounting, moving, multiplied, muzzy, noble,
   noble-minded, notable, oiled, on stilts, openhanded, organized,
   orotund, ostentatious, outtopping, overdone, overelaborate,
   overinvolved, overlooking, overtopping, overwrought, parliamentary,
   parliamentary train, passenger train, pedantic, pickled, pie-eyed,
   pissed, pissy-eyed, plastered, polluted, pompous, potted,
   pretentious, princely, proliferated, prominent, rack railway,
   rack-and-pinion railroad, rack-and-pinion railway, raddled, rail,
   rail line, railroad, railroad train, railway, raised, rampant,
   rattler, reinforced, renowned, rhetorical, righteous, roadbed,
   roadway, rolling stock, sainted, sanctified, sensational,
   sensationalistic, sententious, serious, shellacked, showy, shrined,
   shuttle, shuttle train, sidetrack, siding, skunk-drunk, smashed,
   soaked, soaring, solemn, sonorous, soused, special, spiring,
   spread, squiffy, stately, steep, stewed, stiffened, stilted,
   stinko, streamliner, street railway, streetcar line, strengthened,
   sublime, subway, superb, supereminent, superlative, supernal,
   swacked, switchback, swollen, tall, tanked, terminal, terminus,
   throned, tight, tightened, topless, toplofty, topping, tortuous,
   towering, towery, track, train, tram, tramline, trestle,
   trolley line, trunk, trunk line, tube, turnout, underground,
   upcast, upflung, uplifted, upraised, upreared, upright, upstanding,
   upthrown, virtuous, way train, weighty, widened