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oratory (n.1)

"formal public speaking; the art of eloquence," 1580s, from Latin (ars) oratoria "oratorical (art)," fem. of oratorius "of speaking or pleading, pertaining to an orator," from ōrare "to speak, pray, plead" (see orator).

Oratory is the art or the act of speaking, or the speech. Rhetoric is the theory of the art of composing discourse in either the spoken or the written form. Elocution is the manner of speaking or the theory of the art of speaking ...: the word is equally applicable to the presentation of one's own or of another's thoughts. [Century Dictionary]

oratory (n.2)

"small chapel for prayer or worship," early 14c., oratorie, from Old French oratorie and directly from Late Latin oratorium "place of prayer" (especially the Oratory of St. Philip Neri in Rome, where musical services were presented; see oratorio), noun use of an adjective, as in oratorium templum, from neuter of Latin oratorius "of or for praying," from ōrare "to pray, plead, speak" (see orator).

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Definitions of oratory from WordNet

oratory (n.)
addressing an audience formally (usually a long and rhetorical address and often pompous);
he loved the sound of his own oratory
From wordnet.princeton.edu