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inaugurate (verb) begin formally and with ceremony; install; begin a change or a new method.
When a person, usually a public figure, inaugurates a building, an organization, or an event like a conference, sports meet, etc., they begin it formally and with the proper ceremony. If a new person is introduced into a new job especially a high ranking job, like that of a president or a prime minister, formally and ceremoniously, they are inaugurated. They are installed in their office. The president elect or the prime minister elect begins to function only after the inauguration. To bring in a change or a new development is also to inaugurate. Sputnik the USSR sent into space inaugurated the human beings’ space exploration.
- The President of the host country inaugurated the Olympic sports competitions at a colorful ceremony. The sports events began immediately after the president declared open the sports meet.
- The successful cloning of the lamb Dolly can be considered to have inaugurated the cloning experiments on other species also, including that on humans.