Institutional (adjective)

1. Relating to or characteristic of an institution, especially an educational or financial one.
2. Established or recognized by an institution, especially a long-established one.
3. Relating to the system of institutions in a society or a field.

Origin:

Late 19th century: from institution + -al.

Examples:

1. The institutional investors bought a large stake in the company.
2. The institutional review board approved the proposed study.
3. The institutional changes were necessary to address systemic issues in the organization.
4. Institutional investors are often more risk-averse than individual investors.
5. The institutional framework for the industry needs to be re-evaluated and updated.