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The commencement or initiation of anything, such as an action. An establishment, particularly one that is eleemosynary or public by nature.

An institution can be any type of organized corporation or society. It may be private and designed for the profit of the individuals composing it, or public and nonprofit.


(Commencement), noun beginning, inception, initiation, installation, installment, open introduction


(Custom), noun academy, alliance, bylaw, canon, code, custom, established usage, familiar practice, fraternity, institute, law, league, ordinance, organization, permanent rule, place of education, prevalent practice, regulation, union
See also: association, building, concern, corporation, custom, firm, formation, foundation, installation, institute, organization, prescription, rubric

INSTITUTION, eccl. law. The act by which the ordinary commits the cure of souls to a person presented to a benefice.

INSTITUTION, political law. That which has been established and settled by law for the public good; as, the American institutions guaranty to the citizens all privileges and immunities essential to freedom.

INSTITUTION, practice. The commencement of an action; as, A B has instituted a suit against C D, to recover damages for a trespass.

References in periodicals archive ?
Specifically, more than half (51 percent) of institutional investor respondents ranked the annual as the most useful and informative of five distinct information sources within a company's financial program.
Data is supplemented with details on Euromoney Institutional Investor PLC history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available statement from Euromoney Institutional Investor PLC
The significance for investor relations officers is that institutional investors are no longer willing to rely on brokerage analysts as the primary storytellers for the company.
He said the legal issues alone are not trivial, and he advised institutional investors to hire their own attorneys or retain outside consultants.
Better lending terms will help finance many different types of infrastructure projects and deep-pocketed institutional investors will be more likely to invest in the country's railroads, ports and highways.
We are confident that Zephyr's products will enhance the manager search and selection process for institutional investors and consultants, as well as expand reach for our registered money managers," said Morrissey.
Second- and third-tier institutional investors manage less than $5 billion.
Indeed, institutional investors hold approximately 53 percent of Amgen.
The continued growth and maturation of the market in light of attractive returns is still another factor for REITs' growing acceptance by institutional investors.
In forming this subsidiary, Schroder is acting on its conviction that commercial mortgage will appeal, to more and more fixed-income investors and that securitization of real estate will expand to meet the demands of the marketplace and particularly of institutional investors.
The survey also analyzed institutions' tolerance of risk, with the aim of deepening the understanding of factors that motivate institutional investors to allocate capital to private equity.
07% of the subscribers will receive a share allotment, lower than the provisional allotment rate and the prescribed level at 3% below which the claw-back mechanism as outlined in the Announcement on Allotment to Institutional Investors will be triggered.

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