enterprise
Word family
- enterprisingadjectiveB2
- entrepreneurnounB2
- entrepreneurialadjectiveC1
- entrepreneurshipnounC1
Synonym discussion
Sense: noun/1
All four words refer to business organizations or projects, but they differ in scale, formality, and connotation. 'Company' is the most general and neutral term for any commercial organization — it fits both a local shop and a global brand. 'Corporation' suggests a large, legally structured entity, often with shareholders, and is more formal (used in legal, financial, and regulatory contexts). 'Venture' emphasizes risk and newness — it is used for a start-up or a bold project whose outcome is uncertain ('a risky venture'). 'Undertaking' is more formal and slightly old-fashioned; it highlights the scale and seriousness of a project rather than its business nature ('a massive undertaking'). In everyday conversation, 'company' is the safest choice. For a new business idea, use 'venture'. For a large company with a formal structure, use 'corporation'. For an ambitious, difficult project, use 'enterprise' or 'undertaking'.
Common collocations
Nouns
- family enterprise
- private enterprise
- state enterprise
- joint enterprise
- small enterprise
- medium enterprise
Phrases
- free enterprise
- spirit of enterprise
- enterprise resource planning
Etymology
The word 'enterprise' comes from Old French 'entreprise', the feminine past participle of 'entreprendre' meaning 'to undertake'. This was formed from 'entre-' (between) and 'prendre' (to take) — literally 'to take between one's hands', implying taking on a task. It entered English in the 15th century with the meaning of 'an undertaking or project'. The sense of 'a business organization' developed in the 19th century during the Industrial Revolution.