Click here to add us to your favorites




institution

Definition 1

Establishment, foundation, or organization created to pursue a particular type of endeavor, such as banking by a financial institution.

Definition 2

Consistent and organized pattern of behavior or activities (established by law or custom) that is self-regulating in accordance with generally accepted norms. For example, political institutions are involved with (and regulate) competition for power; and economic institutions (such as markets) encourage and regulate production and distribution of goods and services.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z