Answer: baccalaureate

AnswerCrossword Clue
BACCALAUREATEFarewell discourse.
baccalaureateAn examination intended to qualify successful candidates for higher education
baccalaureatea set of examinations intended to qualify successful candidates for higher education in any of several countries
baccalaureateA religious service held at some educational institutions before commencement, containing a farewell sermon to the graduating class
baccalaureateA college bachelor's degree