* "Round or oval shaped area" - This suggests the Greek root "kyklos" meaning circle or cycle.
* "Tiered seating" - This suggests the Greek root "theatron" meaning "place for viewing".
Combining these, we get "kyklotheatron". This is a word that is indeed used to describe a round or oval-shaped area with tiered seating, often used for plays and other public events.
While not a common word in everyday English, it's a valid combination of Greek roots that accurately describes the concept.