commencement

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commencement

a. US and Canadian a ceremony for the presentation of awards at secondary schools
b. US a ceremony for the conferment of academic degrees
References in periodicals archive ?
The IPMAN boss said that the leadership of the association had commenced discussion with investors and technical partners on how the project could commence forthwith, noting that the association remained committed to the project.
Thus, a corporation or business entity first conducts activities when it starts or commences the trade or business for which it was organized.