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investiture

noun [C]
 
 
/ɪnˈves.tɪ.tʃər/ US  /-tʃɚ/ formal

Definition

a ceremony in which someone is given an official rank, authority, power, etc.: The investiture of the new president will take place this evening.Ceremonies
(Definition of investiture noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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