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valedictory (adj.)

1650s, "pertaining or relating to leave-taking," from Latin valedictum (past participle of valedicere; see valediction) + -ory. As a noun meaning "valedictory address" from 1779.

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Definitions of valedictory
1
valedictory (adj.)
of or relating to an occasion or expression of farewell;
a valedictory address
valedictory praise for his uniformly manly course
a suitable valedictory gesture
valedictory (adj.)
of a speech expressing leave-taking;
a valedictory address
2
valedictory (n.)
a farewell oration (especially one delivered during graduation exercises by an outstanding member of a graduating class);
Synonyms: valediction / valedictory address / valedictory oration
From wordnet.princeton.edu