A ticker tape parade is a grand celebration that honors and welcomes dignitaries, notable figures, or victorious sports teams. It typically involves confetti, streamers, and ticker tape being thrown from buildings or dropped from planes. There are several synonymous phrases that can describe this festive occasion such as welcome parade, parade of honor, victory march, or celebratory procession. These events are often associated with patriotic events such as Fourth of July parades or military victory marches. Regardless of the name used, ticker tape parades are a jubilant way to honor those who have made significant achievements or contributions to society.