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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 ?
2.1 Institutional Capabilities and Their Value in Emerging Markets
But, according to Hayek's political theory, the only systemic institutional basis to the understanding, orientation and legitimation of the institutions is their very own institutional logic of functioning, which is technical.
Assumption 2: Negative Correlation between the Variable Ratios of Shares Hold by Institutional Investors and the Shareholder Wealth of Overseas M&A Enterprise.
* This report provides you with valuable data for the institutional construction industry in Italy.
- Institutional Building Construction in Belgium to 2017: Market Databook
The next section provides a brief history of the development of institutional theory, and how the theory was initially linked to industrial relations (IR) and HRM research.
But, Chisholm says, Cerulli expects the use of institutional vehicles to grow, especially among plans with close to $1 billion in assets, as well as in plans with more than $1 billion in assets.
NAI's new institutional membership may be the right move for you.
Colleges and universities across the nation face a number of economic and social conditions that affect institutional operations.

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