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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.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
First, MFIs and institutional investors have different priorities.
This institutional investor's Southwest-heavy funds (those resembling Vanguard's VPCCX and VHCAX funds) charge much higher fees than its fully diversified index fund (the one resembling VFIAX, for which fund returns are unimportant) and significantly higher fees than its funds that are more heavily invested in airlines besides Southwest (those resembling VTVAX).
From the analysis above, we can see that the domestic scholars didn't reach a consensus on that the institutional investors can bring positive wealth to the shareholders of enterprises.
He concluded that the rise of institutional investors and the single-family rental business was a positive development overall.
Ninety-two per cent of institutional investors surveyed are more confident than they were a year ago about how they manage risk, but eighty-five per cent still say that managing market volatility and associated risks remain their top concern, the survey revealed.
"Our trading system can connect Asian institutional investors, including central banks, sovereign wealth funds, pension funds and asset and wealth managers, to our global network of broker-dealers," added Millet.
This paper empirically investigates the impact of foreign institutional investors on corporate dividend policy in the Korean stock market.
addition, the institutional investor can then separately evaluate
In April, the weighted index on the Taiwan Stock Exchange rose 326.69 points, or 3.07 percent, from a month earlier as foreign institutional investors bought a net NT$54.45 billion (US$1.76 billion) worth of shares on the main board.
They say insurers and other institutional investors will likely follow suit.
The Fund received commitments from over 50 new institutional investors. The Fund investors are located throughout the U.S., Canada, Europe, Australia, South America, Asia and the Middle East, and include leading public and private pension plans, insurance companies, universities, endowments, foundations, religious organizations, hospitals, non-profits, sovereign wealth funds, family offices and other institutional investors.
The buyers included international and domestic institutional investors and High Net Worth Individuals (HNWI) through domestic stock exchanges.

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