Founded vs. Incorporated

simple past tense and past participle of find|lang=en

To set up; to launch; to institute.

Use as a basis for; grounded on.

Having a basis.

Example: ‘She offered a well-founded hypothesis.’;

based; - often used as combining terms; as, well-founded suspicions.

having a basis; often used as combining terms;

Example: ‘a soundly based argument’; ‘well-founded suspicions’;

(US) Being a type of company, a legal entity where the ownership has been arranged into shares. A shareholder has no responsibilities to the company and the potential losses of the shareholder are limited to the value of the stock turning to zero in the case of a bankruptcy.

simple past tense and past participle of incorporate

United or combined together to form in one body.

Formed into a corporation and registered with a government body as such; made a legal entity.

formed or united into a whole

organized and maintained as a legal corporation;

Example: ‘a special agency set up in corporate form’; ‘an incorporated town’;

introduced into as a part of the whole;

Example: ‘the ideas incorporated in his revised manuscript’;