Webster's Revised Unabridged Dictionary · 1913

Valedictory

Valedictory , adjective

Bidding farewell; suitable or designed for an occasion of leave-taking; as, a valedictory oration.

Valedictory ({not transcribed}) , noun

A valedictory oration or address spoken at commencement in American colleges or seminaries by one of the graduating class, usually by the leading scholar.