enterprise

Universal Words noun 1 [C] a company or business: an enterprise with a turnover of $26 billion * state-owned / public enterprises * small and medium-sized enterprises 2 [C] a large project, especially one that is difficult SYNVENTURE: his latest business / commercial enterprise * a joint enterprise * The music festival is a new enterprise which we hope will become an annual event. 3 [U] the development of businesses by the people of a country rather than by the government: grants to encourage enterprise in the region * an enterprise culture (= in which people are encouraged to develop small businesses) seealsoFREEENTERPRISE, PRIVATEENTERPRISE 4 [U] (approving) the ability to think of new projects and make them successful: a job in which enterprise is rewarded * a man of enterprise * Many hotels are showing enterprise and imagination by staging special events.