"卒業" (そつぎょう) means graduation, which is the act of completing one's studies at a school, college, or university and receiving a diploma or degree. It marks the end of an academic period. For example, "来年、大学を卒業します" (I will graduate from university next year).

学校の課程を終えることです。卒業式が行われます。例：高校の卒業。