Graduation is getting a diploma or academic degree or the ceremony that is sometimes associated, in which students become graduates. Before the graduation, candidates are referred to as graduands. The date of graduation is often called graduation day. The graduation ceremony itself is also called commencement, convocation or invocation. In the United States and Canada, the term is additionally increasingly being used to refer to the advancement from a primary or secondary school level. When ceremonies are associated, they usually include a procession of the academic staff and candidates and a valediction. At the college and university level the faculty will usually wear academic dress at the formal ceremonies, as will the trustees and degree candidates.
"Graduation" at the college and university level occurs when the presiding officer confers degrees upon candidates, either individually or en masse, even if graduates physically receive their diploma later at a smaller college or departmental ceremony. After degree completion, graduates can be referred to by their graduating year.
Source: Graduation from Wikipedia
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