Graduation (noun)

1. The act or ceremony of conferring an academic degree or diploma.
2. The completion of a course of study.

Origin:

Late middle english: from latin graduatio(n-), from graduare "to grade" (see graduate).

Examples:

1. The graduation ceremony was held in the university auditorium.
2. He was looking forward to his graduation from college.
3. She was proud of her son's graduation from high school.
4. The graduation rate at the school was low.
5. Many families attended the graduation ceremony to see their loved ones receive their diploma.