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The Japanese word

設立

is pronounced
setsuritsu | せつりつ
means
foundation, institution
Examples:
大学の設立が彼女の大きな願いだった。
daigaku no setsuritsu ga kanojo no ōkina negai datta.
The foundation of a college was her great ambition.
その機関は1960年代後半に設立された。
sono kikan wa ichi kyū roku zero nendai kōhan ni setsuritsu sa re ta.
The institution was established in the late 1960s.
その協会は設立以来、素人の入会を断ってきた。
sono kyōkai wa setsuritsu irai, shirōto no nyūkai o kotowatte ki ta.
The association has excluded amateurs ever since its foundation.
Examples sourced from tatoeba.org