allocution

al•lo•cu•tion n.

a formal speech, esp. one of an incontrovertible or hortatory nature.
a pronouncement delivered by the pope to a secret consistory, esp. on a matter of policy or of general importance.

Latin allocūtiōn- (stem of allocūtiō), equivalent. to allocūt(us), past participle of alloquī to speak to, address (al- al- + locū- speak + -tus past participle suffix) + -iōn- -ion
1605–15

Collins Concise English Dictionary © HarperCollins Publishers::

allocution /ˌæləˈkjuːʃən/ n

a formal or authoritative speech or address, esp one that advises, informs, or exhorts

Etymology: 17th Century: from Late Latin allocūtiō, from Latin alloquī to address, from loquī to speak

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