Batizado
A Batizado (literally baptism in Portuguese, and borrowed from the religious tradition) is normally an annual event for a Capoeira group. The practice of Capoeira Batizados originates from Capoeira Regional, but has been widely used by Capoeira Contemporânea groups. In Capoeira Contemporânea, batizados are large events and are very important for the group organizing it. It is the point in the year where the new members will be baptized officially into the group and receive their first cords and where the other members depending on their progress will get a new one. A typical batizado will take several days and consist of workshops, the actual Batizado itself and a Troca de Cordas. Often many groups from more than one region will attend a Batizado for other groups. This allows for development of the game by contact with other players, teachers and styles. Usually the Mestre of the group is present at the event to support and supervise the Batizado. In many schools, students are baptized by the floor— that is, they play against higher level capoeiristas and are subsequently taken down by a Capoeira take-down technique or a kick. This is meant to signify a continual process of humility and improvement in the game.
Troca de Cordas
Literally the changing of the cords, cords signify the level of a capoeirista. During the troca de cordas some capoeiristas will receive a new corda before or after a game played against a Mestre in which they have to show their advancement and earn the right to wear the new corda. The color schemes for the levels vary from group to group.
Source used to write this page: https://en.wikipedia.org/wiki/Capoeira