Definition of enterprise noun from the Oxford Advanced Learner's Dictionary. [countable] a company or business. He is in charge of an enterprise with a turnover of $26 billion. The grant is available to small and medium-sized enterprises . They plan to privatize over 100 state-owned enterprises . The term Enterprise has several meanings . 1. A human skill: eagerness to do something new and clever, despite any risks. 2. A business, as in “This is a business enterprise ; our aim is to make a profit.” 3. A difficult or important challenge, as in “Her latest enterprise is to swim the English Channel. The term first appeared in the English language in the early fifteenth century with the meaning ‘an undertaking’. It originated from Old French (12th century) enterprise ‘an ... This article will delve into the definition of an enterprise , explore its various types, and provide concrete examples to illustrate its diverse applications in today's dynamic economic landscape. Enterprise Published Apr 28, 2024 Definition of Enterprise An enterprise is commonly understood as an organization or an economic system where goods and services are exchanged for one another or for money. It can be considered a business or company, engaging in commercial, industrial, or professional activities, either for-profit or not-for-profit.
