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English definition of “enterprise”

enterprise

noun     /ˈentəpraɪz/
[C] an organization , a company , or a business : a manufacturing / catering / farming enterprise a large / small /medium-sized enterprise a state /state-owned/ multinational enterprise a domestic / local / foreign enterprise He was responsible for building the pizza company into a billion-dollar enterprise. They run a family enterprise in their local town .enterprise development/management The grants are intended to support local small enterprise development .
[C] a business plan or project , especially one that is difficult or that may fail or lose money : a business/commercial/economic enterprise What we always look for in a future business partner is a commitment to the business enterprise and its success . a successful / joint enterprise
[U] business activity in general : boost/encourage/promote enterprise The government unveiled a wide range of measures to boost business and enterprise yesterday . The enterprise and development committee supports innovation in business .
[U] the quality or activity of thinking of new ideas and activities in business and making them successful despite the risks involved : The prime minister applauded the innovation of private entrepreneurs and said he would like to see similar enterprise in the public sector , too. The scheme rewards young people who show initiative and enterprise. → See also free enterprise, private enterprise, public enterprise
(Definition of enterprise noun from the Cambridge Business English Dictionary © Cambridge University Press)
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