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"Auld Lang Syne" is sung throughout the English-speaking world as part of the New Year's celebration. The tune itself is based on an ancient Scottish air, and was well known by the time the poet Robert Burns attached a poem to the music in the late 1780s.
The title translates, in approximation, to "in olden days" or simply "long ago," according to the Wikipedia entry on the song.
Although it is a holiday song in the United States, in some countries "Auld Lang Syne" is played during funerals or at graduation ceremonies.