An elbow connects two pipe sections on different axes. A 45° configuration makes a shallower turn; a 90° configuration creates a right-angle change in the route.
In a socket-weld connection, the pipe enters a recessed end in the fitting and is joined by an external weld. The compact body and clearly defined connection faces give this fitting its characteristic form.
Technical background references
General background for the explanation above. The project specification governs the actual selection.