IPA: /ˈɛlɪˌveɪtə/
KK: /ˈɛləˌveɪtər/
A device used to move people or goods up and down between different floors of a building.
We took the elevator to the tenth floor of the hotel.
Elevator → It is formed from "elevare" (meaning to raise) and the suffix "-or" (meaning one who or that which). The word "elevator" refers to a device that raises or lifts people or goods to different levels.
Think of a device that 'raises' ('elevare') things up — that's why an elevator is used to lift you to higher floors.