[verb] [T] - to put (something) into use or action, or to put (a person) into an official position with a ceremonyThe European Community inaugurated the Single European Market on 1st January 1993.American presidents are always inaugurated on January 20th.(figurative) The change of government inaugurated (= marked the beginning of) a new era of economic prosperity.
INAUGURATE
Meaning of INAUGURATE in English
Cambridge English vocab. Кембриджский английский словарь. 2012