/ˈfaʊndəd/ – adj
Definition: 1,có căn cứ, xác đáng;
2. dựa trên cơ sở…
A more thorough explanation: In a legal context, the term “founded” typically refers to the establishment or creation of an organization, company, or institution. It signifies the act of bringing something into existence, often through the formal process of incorporation or registration.
Example: The company was founded in 1995 by a group of entrepreneurs.