inception in‧cep‧tion [ɪnˈsepʆn] noun [singular] COMMERCE
1. the start of a business, organization etc:

Since its inception in 1965, Medicare has based the payments it makes for each claim on what individual doctors charge.

2. the date on which an agreement or system becomes effective:

• The customer agrees to guaranteed monthly payments at the inception of the agreement.

* * *

inception UK US /ɪnˈsepʃən/ noun [C, usually singular, or U]
the beginning of an organization, official activity, system, or agreement: »

Since its inception in 1968, the company has been at the forefront of computer development.


the inception of an era/a period

the inception of a project/programme/scheme »

At the inception of the program, all parties will defer their complaints to the governing body.

Financial and business terms. 2012.

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Look at other dictionaries:

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  • Inception — El reparto de Inception en la premiere de julio de 2010 presentada por Josh Berger. De izquierda a derecha Tom Hardy, Cillian Murphy, Marion Cotillard, Joseph Gordon Levitt, Ellen Page, Ken Watanabe …   Wikipedia Español

  • inception — I noun beginning, birth, commencement, dawn, debut, derivation, embarkation, exordium, genesis, inauguration, inception, inchoation, incipience, incipiency, initiation, initium, onset, opening, origin, origination, outbreak, outset, rise, source …   Law dictionary

  • Inception — In*cep tion, n. [L. inceptio, fr. incipere to begin; pref. in in + capere to take. See {Capable}.] [1913 Webster] 1. Beginning; commencement; initiation. Bacon. [1913 Webster] Marked with vivacity of inception, apathy of progress, and… …   The Collaborative International Dictionary of English

  • inception — (n.) early 15c., beginning, starting, from M.Fr. incepcion and directly from L. inceptionem (nom. inceptio) a beginning, undertaking, noun of action from pp. stem of incipere begin, take in hand, from in in, on (see IN (Cf. in ) (2)) + cipere… …   Etymology dictionary

  • inception — *origin, source, root, provenance, provenience Analogous words: beginning, commencement, starting or start, initia tion, inauguration (see corresponding verbs at BEGIN): rising or rise, origination, derivation (see corresponding verbs at SPRING)… …   New Dictionary of Synonyms

  • inception — [n] beginning birth, commencement, dawn, derivation, fountain, inauguration, initiation, kickoff, origin, outset, provenance, provenience, rise, root, source, start, well, wellspring; concepts 648,832 Ant. conclusion, end, ending, finish …   New thesaurus

  • inception — ► NOUN ▪ the establishment or starting point of an institution or activity. ORIGIN Latin, from incipere begin …   English terms dictionary

  • inception — [in sep′shən] n. [L inceptio < inceptus, pp. of incipere: see INCIPIENT] the beginning of something; start; commencement SYN. ORIGIN …   English World dictionary

  • Inception — For other uses, see Inception (disambiguation). Inception …   Wikipedia

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