institution

/ˌɪn.stɪˈtuː.ʃən/

established organization

The university is a prestigious institution.

It is a well-respected and long-standing organization.

formal

An established organization or society with a particular purpose, especially one of an educational, charitable, or professional nature.

The Red Cross is an international humanitarian institution.

It is an organization dedicated to providing aid and relief.

The Supreme Court is the highest judicial institution in the country.

It is the most important court in the legal system.

The term often implies stability, authority, and a formal structure.

Collocations

financial institutiona bank or similar organizationeducational institutiona school, college, or universitypublic institutionan organization funded or run by the government

a college or university

a bank or similar organization

Use 'institution' for formal organizations, not casual groups.

The word often implies authority, stability, and a formal structure.

From Latin 'institutio(n-)', meaning 'a setting up, establishment, ordinance, institution.'

The term is often used in formal contexts to describe organizations with a significant social or professional role.

in-

into, within

prefix

-stitutio

establishment, ordinance

root

-n

noun suffix

suffix

English Dictionary