Found two dictionaries: goo and alc. (Any good Japanese-English dictionaries that I can reference here? I always use a Japanese-Japanese one. The translation are not very good. However, the examples in alc are excellent, though not 100% correct.)
The meaning of can be "waiting/saying behind(for something)", or "to refrain", or "to make notes", or more. And is formed by +, and "" here means something like "in the state of".
As for the examples:
>
> 1
> be just a year away
>
It means the phrase can be used as " *** _", "_ *Graduation** is just a year away".