Apedia

Foundered Founder Verb  Word Origin  Example Bank Intransitive

Front founder
Back foun•der
noun, verb
BrE /ˈfaʊndə(r)/
NAmE /ˈfaʊndər/
noun
 word origin
 example bank
a person who starts an organization, institution, etc. or causes sth to be built

the founder and president of the company
verb
 verb forms
 word origin
 example bank
(formal)
1 [intransitive] ~ (on sth) (of a plan, etc.) to fail because of a particular problem or difficulty

The project foundered after problems with funding.
The peace talks foundered on a basic lack of trust.
2 [intransitive] ~ (on sth) (of a ship) to fill with water and sink

Our boat foundered on a reef.

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