Etymology
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investiture (n.)

late 14c., "ceremony of clothing in the insignia of office," from Medieval Latin investitura "an investing," from past participle stem of Latin investire "to clothe" (see invest). Related: Investive.

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Definitions of investiture

investiture (n.)
the ceremony of installing a new monarch;
Synonyms: coronation / enthronement / enthronization / enthronisation
investiture (n.)
the ceremonial act of clothing someone in the insignia of an office; the formal promotion of a person to an office or rank;
Synonyms: investment
From wordnet.princeton.edu