institute
/ɪnstɪtjuːt/Definitions
1. noun
an organization or establishment created for a particular purpose, especially education or research.
“The university will host an international institute on sustainability.”
2. verb
to establish or set up something officially, especially an organization or system.
“The government will institute a new tax law to reduce inequality.”
3. verb
to put something into practice or use, especially a new idea or method.
“The company will institute a new policy to reduce waste and emissions.”