|Origin:||fonder, from Latin fundus 'bottom'|
Related topics: Industry
found2 W3 [transitive]
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.
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.
to be the solid layer of cement, stones etc that a building is built on:
The castle is founded on solid rock.
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]➔ well-founded
the founding of the University of Chicago