Meaning of the word "in commemoration of" in English

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

in commemoration of

US /ɪn kəˌmem.əˈreɪ.ʃən əv/
UK /ɪn kəˌmem.əˈreɪ.ʃən əv/
"in commemoration of" picture

Phrase

done or created to honor and remember a person or event

Example:
A statue was erected in commemoration of the fallen soldiers.
The festival is held annually in commemoration of the city's founding.