A collective set of facts, concepts, experiences and knowledge held by a group of people inside an organization.

plural of institutional memory

A professor with the highest academic title at the Massachusetts Institute of Technology (MIT).

plural of institute professor

The process of building institutions (all senses).

Synonym of technological university

(finance) An institution that contracts with the bank and the merchant to enable credit card transactions. The acquirer deposits the credit card totals and debits the end-of-month processing fees from the merchants' accounts.

A private university located in Cambridge, Massachusetts.