handover ceremony

A handover ceremony is an official event where responsibility, authority, or assets are transferred from one individual, organization, or government to another. It often marks the completion of a project, change in leadership, or the transfer of control of a facility or position. The ceremony typically includes formal rituals, speeches, and documentation to acknowledge the transfer and ensure clarity and transparency. It symbolizes trust and accountability, providing a clear transition point, and often serves as a public recognition of the new leadership or ownership taking on their roles.