Baccalaureate

n.
  1. The degree of bachelor of arts (B.A. or A.B.), the first or lowest academical degree conferred by universities and colleges.
  2. A baccalaureate sermon.

a.
  1. Pertaining to a bachelor of arts.
  2. Baccalaureate sermon ,
    in some American colleges, a sermon delivered as a farewell discourse to a graduating class.