Synonyms for Induct (same or very similar meaning)
WordNet sense 1 (accept young people into society, usually with some rite):
initiate, initiate
WordNet sense 2 (place ceremoniously or formally in an office or position):
invest, seat
WordNet sense 3 (produce electric current by electrostatic or magnetic processes):
induce
From the ODE community, based on WordNet
add/edit