Meaning of the word "Commencement ceremony" in English

What does "Commencement ceremony" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

Commencement ceremony

US /kəˈmɛnsmənt ˈsɛrɪˌmoʊni/
UK /kəˈmɛnsmənt ˈsɛrɪməni/

Noun

a ceremony at which degrees or diplomas are conferred on students

Example:
My sister's commencement ceremony is next month.
Many families gathered for the university's annual commencement ceremony.