founding
n. uncountable B2 Upper Intermediate US //ˈfaʊndɪŋ// UK //fˈaʊndɪŋ// found·ing
n. the act of starting a new organization, company, or country. It refers to the moment something important is first created.
n. the act of establishing or setting up an institution, organization, or state. Often used in historical or corporate contexts to denote the formal beginning of an entity.
The museum is celebrating the tenth anniversary of its founding.
The founding of the university in 1850 changed the town from a small village into a center for learning.
Historians often debate whether the founding of the republic was a sudden revolutionary act or the culmination of decades of slow social change.
Usage
Often appears in the phrase 'since its founding' or 'the anniversary of its founding'.