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English definition of “found”

found

verb [T]     /faʊnd/
START B2 to start an organization , especially by providing money : The company was founded in 1861.Starting, succeeding and failing in business
BASE to base something on a set of ideas or beliefs : [often passive] a society founded on principles of equality Being based on or depending on something
(Definition of found verb from the Cambridge Learner's Dictionary © Cambridge University Press)

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