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valediction

val·e·dic·tion

valediction

 
pronunciation:
vae lih dIk shn
features:
Word Parts
part of speech: noun
definition 1: the act of saying farewell.
definition 2: a farewell speech, esp. one given by a student of the highest honors at a graduation ceremony.
In her valediction, she expressed her appreciation to her professors and her warm feelings for her fellow students.
definition 3: a word or phrase used as a farewell, esp. in ending a letter.
"Yours truly" is a formal valediction.