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Definition of commencement noun from the Oxford Advanced Learner's Dictionary

Academic

commencement

noun
commencement pronunciation English kəˈmensmənt commencement pronunciation American kəˈmensmənt
[uncountable, countable, usually singular]
 
1 (formal) beginningthe commencement of the financial year2 (North American English) a ceremony at which students receive their academic degrees or diplomas
Synonym
graduation