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precedent noun. C2 [C] an âaction, âsituation, or âdecision that has already âhappened and can be used as a âreason why a âsimilar âaction or âdecision should be âperformed or made: There are several precedents for âpromoting âpeople who don't have âformal âqualifications.
Definition of foundation. 1  1 : the act of founding here since the foundation of the school. 2  2 : a basis (such as a tenet, principle, or axiom) upon which something stands or is supported the foundations of geometry the rumor is without foundation in fact.