adjective
Of or pertaining to a valediction (“an act of parting company; a speech made when parting company”); designed for or suitable to an occasion of bidding farewell or parting company.
(Canada, US) Of or pertaining to a valedictorian (“the individual in a graduating class who delivers the farewell address, often the person who graduates with the highest grades”).
noun
An address given on an occasion of bidding farewell or parting company.
(specifically, Canada, US) A speech given by a valedictorian at a commencement or graduation ceremony.