Baccalaureate (noun)

1. A degree of bachelor of arts.
2. A ceremony or service held in honor of graduating high school students.
3. A type of high school diploma.

Origin:

The word baccalaureate comes from the latin word baccalaureatus which is derived from baccalaureus meaning "bachelor". it was first used in english in the 16th century and originally referred to the degree of bachelor of arts. today it can also refer to a ceremony or service held in honor of graduating high school students or to a type of high school diploma.

Examples:

1. He received his baccalaureate degree in history.
2. The baccalaureate service was held in the school auditorium.
3. She was awarded a baccalaureate diploma.
4. The baccalaureate ceremony was attended by the students' families and friends.
5. The baccalaureate program is a rigorous academic program for high school students.