This is the 11808th most frequent Russian word.
заложить
The Russian word "заложить" can mean "to lay, put, pledge, mortgage, embed, or set (depending on context)."
In this sentence, 'заложить' is used in the sense of 'to lay down' or 'to establish' something abstract, like a foundation or principle.
Я решил заложить основы новой традиции.
I decided to lay the foundations of a new tradition.
Here, 'заложить' refers to the action of pledging something as collateral for a loan.
Он заложил свое имущество, чтобы получить заем.
He mortgaged his property to get a loan.
In this example, 'заложить' is utilized in the sense of physically placing or installing construction elements.