inventin·vent /ɪnˈvent/ verb [transitiveT]1to make, design or produce something new or a new way of doing somethingPercy Spencer invented the microwave oven.
Mr. Monaghan virtually invented the modern pizza delivery business when he founded Domino’s.
2to tell people something that is not true in order to deceive themHe told investors the firm had monthly returns of between 10% and 25% but those returns were invented.
Perhaps the most popular fraud is to inflate or invent business expenses.
→ see also not-invented-here syndrome