inaugurate

Concise Oxford English Dictionary © 2008 Oxford University Press:
inaugurate /ɪˈnɔːgjʊreɪt/

▶verb

• 1 introduce (a new system, period, etc.).

  ■ mark the opening of (an institution) with a special event.

• 2 admit formally to office.

– derivatives
inauguration noun,
inaugurator noun,
inauguratory adjective.

– origin C16: from L. inaugurat- ‘interpreted as omens (from the flight of birds)’, based on augurare ‘to augur’.