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cum laude

1872, originally at Harvard, from Medieval Latin, literally "with praise," from Latin cum "with" + laude, ablative of laus (genitive laudis) "praise" (see laud). Probably from earlier use (in Latin) at Heidelberg and other German universities.

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Definitions of cum laude from WordNet
1
cum laude (adv.)
with honor;
he graduated cum laude
2
cum laude (adj.)
with honor; with academic distinction;
a cum laude graduate
From wordnet.princeton.edu