Conocophillips Arbitration update, page-2

constitute
ˈkɒnstɪtjuːt/
verb
past tense: constituted; past participle: constituted

1. 1.​
   be (a part) of a whole.
   "lone parents constitute a great proportion of the poor"
   

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   0	synonyms:	amount to, add up to, account for, form, make up, compose, comprise, represent"farmers constituted 10 per cent of the population"

   • combine to form (a whole).
     "there were enough members present to constitute a quorum"
   • be or be equivalent to (something).
     "his failure to act constituted a breach of duty"
     

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     0	synonyms:	be equivalent to, be the equivalent of, be, embody, be tantamount to, be regarded as, act as, serve as"an extract from a book used for the purpose of comment does not constitute a breach of copyright"

2. 2.​
   give legal or constitutional form to (an institution); establish by law.
   "the superior courts were constituted by the Judicature Acts 1873–5"
   

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   0	synonyms:	inaugurate, initiate, establish, found, create, set up, put in place, start, begin, originate, form, organize, develop, shape; More