Topic: INDUSTRY
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| Date: | 1300-1400 |
| Language: | Old French |
| Origin: | fonder, from Latin fundus 'bottom' |
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found2 W3 [transitive]
1 to start something such as an organization, company, school, or city, often by providing the necessary money [= establish]: 
Founded in 1935 in Ohio, Alcoholics Anonymous is now a world-wide organization.Eton College was founded by Henry VI in 1440.
Founded in 1935 in Ohio, Alcoholics Anonymous is now a world-wide organization.Eton College was founded by Henry VI in 1440.2
be founded on/upon something
a) to be the main idea, belief etc that something else develops from [= be based on something]: The British parliamentary system is founded on debate and opposition.
The British parliamentary system is founded on debate and opposition.b) TBC to be the solid layer of cement, stones etc that a building is built on : The castle is founded on solid rock.
The castle is founded on solid rock.3 technicalTI to melt metal and pour it into a mould (=a hollow shape), to make things such as tools and parts for machines
—founding noun [uncountable] the founding of the University of Chicago
➔ well-foundedthe founding of the University of Chicago
