origination
n. C / Un. the act of starting something or the place where something first began. It is often used to talk about how a business or a creative idea started.
n. the act or process of beginning something; the source or starting point of an entity or idea. Often used in business contexts to describe the creation of a loan or the establishment of a company.
The origination of the company dates back to the 1950s.
The bank's loan origination process has become much faster thanks to new digital software.
While the technical origination of the theory is clear, its subsequent evolution through various scientific disciplines remains a subject of intense historical debate.
Borrowed from Latin orīginātiō, from orīgō (“to act, to commence”, stem as origin-) + -tiō.