What is the meaning of induct?

verb

• Place ceremoniously or formally in an office or position.
  • usage: "there was a ceremony to induct the president of the Academy"
  • synonyms: invest, seat
• Accept people into an exclusive society or group, usually with some rite.
  • usage: "African men are initiated when they reach puberty"
  • synonyms: initiate
• Admit as a member.
  • usage: "We were inducted into the honor society"
• Produce electric current by electrostatic or magnetic processes.
  • synonyms: induce
• Introduce or initiate.
  • usage: "The young geisha was inducted into the ways of her profession"