I know one way; it cannot be stated in ZFC↺ (ZFC without foundation), but it can be stated in MK↺ (the Morse–Kelley class theory version): a set is well-founded iff it belongs to every transitive class of sets (that is every class K such that x ∈ K whenever x ⊆ K); it is immediate that we may prove properties of these sets by induction on membership, and a set is well-founded if all of its elements are, so this is a correct definition. However, it requires quantification over all classes (not just sets) to state.
Update: Discussion has moved on to a new thread.
The hiatus is over with today's publication of chapter 73, and the previous thread is approaching the 500-comment threshold, so let's start a new Harry Potter and the Methods of Rationality discussion thread. This is the place to discuss Eliezer Yudkowsky's Harry Potter fanfic and anything related to it.
The first 5 discussion threads are on the main page under the harry_potter tag. Threads 6 and on (including this one) are in the discussion section using its separate tag system. Also: one, two, three, four, five, six, seven. The fanfiction.net author page is the central location for information about updates and links to HPMOR-related goodies, and AdeleneDawner has kept an archive of Author's Notes.
As a reminder, it's often useful to start your comment by indicating which chapter you are commenting on.
Spoiler Warning: this thread is full of spoilers. With few exceptions, spoilers for MOR and canon are fair game to post, without warning or rot13. More specifically: