establishment
/ɪˈstæblɪʃmənt/noun
Definitions
The act of establishing; a ratifying or ordaining; settlement; confirmation.
Example: Since their establishment of the company in 1984, they have grown into a global business.
The state of being established, founded, etc.; fixed state.
Example: The firm celebrated twenty years since their establishment by updating their look.
That which is established; as a form of government, a permanent organization, business or force, or the place where one is permanently fixed for residence.
Example: Exposing the shabby parts of the establishment.
(usually with "the") The ruling class or authority group in a society; especially, an entrenched authority dedicated to preserving the status quo. Also Establishment.
Example: It's often necessary to question the establishment to get things done.