Main Entry: en·ter·prise

Pronunciation: \ˈen-tə(r)-ˌprīz\

Function: noun

Etymology: Middle English, from Anglo-French, from entreprendre to undertake, from entre- inter- + prendre to take — more at prize

Date: 15th century

1 : a project or undertaking that is especially difficult, complicated, or risky
2 : readiness to engage in daring or difficult action : initiative <showed great enterprise in dealing with the crisis>
3 a : a unit of economic organization or activity; especially : a business organization b : a systematic purposeful activity <agriculture is the main economic enterprise among these people>