An INAUGURAL Address is a speech given by a newly elected leader, usually the President of a country, at the beginning of their term. It is typically a speech that outlines the goals and values of the new leader. A KEYNOTE Address is a speech given at a conference or event to set the tone for the event and introduce the main topics. A FAREWELL Address is a speech given by a leader at the end of their term, usually to reflect on their accomplishments and thank those who have supported them.