grad·u·a·tion

[graj-oo-ey-shuhn]
noun
1.
an act of graduating; the state of being graduated.
2.
the ceremony of conferring degrees or diplomas, as at a college or school.
3.
arrangement in degrees, levels, or ranks.

Origin:
1375–1425; late Middle English graduacion < Medieval Latin graduātiōn- (stem of graduātiō). See graduate, -ion

non·grad·u·a·tion, noun
post·grad·u·a·tion, adjective
pre·grad·u·a·tion, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To graduation
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Graduation is always a great word to know.
So is lollapalooza. Does it mean:
an extraordinary or unusual thing, person, or event; an exceptional example or instance.
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
Collins
World English Dictionary
graduation (ˌɡrædjʊˈeɪʃən) [Click for IPA pronunciation guide]
 
n
1.  the act of graduating or the state of being graduated
2.  the ceremony at which school or college degrees and diplomas are conferred
3.  a mark or division or all the marks or divisions that indicate measure on an instrument or vessel

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Etymonline
Word Origin & History

graduation
late 15c., in alchemy, "tempering, refining of something to a certain degree," from graduate (q.v.). General sense of "dividing into degrees" is from 1590s; meaning "action of receiving or giving an academic degree" is from 1630s; in reference to the ceremony where a degree is given, from 1850s.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
But as he prepared his résumé after graduation he omitted his boldest
  accomplishment.
Still, they continue to have the lowest high school and college graduation
  rates.
Graduation came the next day, with speeches and music from the recruit depot
  band.
He'll also receive an honorary degree at the graduation event.
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