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'Ultimate' can refer to:

Anuttarasamyaksambodhi - the Ulimate Enlightment of a Buddha, as compared to the lesser or provisional enlightenment of a Bodhisattva, Solitary Realizer (Pratyekabuddha) or a Hearer (Arhat).

Ultimate Truth of Maha Prajna Paramita or ulimtate emptiness. See the Two Truths of ultimate truth (ultimate reality) and provisional truth or conventional truth (provisional reality or conventional truth).