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1. Dictionary

   enterprise

   /ˈɛntəprʌɪz/

   noun

   • 1. a project or undertaking, especially a bold or complex one: "a joint enterprise between French and Japanese companies" Similar undertakingendeavourventurepursuitexerciseactivityoperationexploitmissiondeedactactionmovemeasuretaskbusinessaffairproceedingschemeplanplan of actionprogrammecampaignprojectproposalpropositionsuggestionideaconceptioninformal:caperwheeze
   • ▪ initiative and resourcefulness: "success came quickly, thanks to a mixture of talent, enterprise, and luck" Similar initiativeresourcefulnessresourceimaginationimaginativenessingenuityinventivenessoriginalitycreativityquick-wittednessclevernessnative wittalentabilitycapabilityspiritspiritednessenthusiasmdynamismleadershipdrivezestdashambitionambitiousnessenergyvervevigourvitalityboldnessdaringspirit of adventureaudacitycourageintrepidityinformal:gumptionget-up-and-gogopushoomphpizzazzpepzipvimOpposite unimaginativenessfecklessness
   • 2. a business or company: "a state-owned enterprise" Similar businesscompanyfirm(commercial) undertakingventureorganizationoperationconcernindustrycorporationestablishmenthouseshopofficebureauagencyfranchisepracticepartnershipconsortiumcooperativeconglomerategroupcombinesyndicateinformal:outfitset-up
   • ▪ entrepreneurial economic activity: "an economic environment which encourages enterprise"

   Word Origin late Middle English: from Old French, ‘something undertaken’, feminine past participle (used as a noun) of entreprendre, based on Latin prendere, prehendere ‘to take’.

   Derivatives

   • 1. enterpriser noun

   Scrabble Points: 12

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2. People also ask

   What is free enterprise & why is it important?

   • Free enterprise refers to business activities that are not regulated by the government but are defined by a set of legal rules such as property rights, contracts, and competitive bidding. The argument for free enterprise is based on the belief that government interference in business and the economy hampers growth.

   Free Enterprise: Definition, How It Works, Origins, and Example

   www.investopedia.com/terms/f/free_enterprise.asp

   See all results for this question

   What is free enterprise in economics?

   • This is contrasted with public ownership of property, coercive activity, and fixed or controlled distribution of goods and services. Another definition of free enterprise is in terms of economics and was offered by the Nobel-winning economist Friedrich Hayek. Hayek described such systems as spontaneous order.

   Free Enterprise: Definition, How It Works, Origins, and Example

   www.investopedia.com/terms/f/free_enterprise.asp

   See all results for this question

   What are the core principles of free enterprise?

   • This system is based on core principles such as market competition, private property, voluntary exchange, and freedom to enter and exit markets. Understanding free enterprise fully requires grasping its four core principles, each of which reinforce one-another.

   Free Enterprise Definition and How it Works

   www.careerprinciples.com/resources/free-enterprise-definition

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   What is a free enterprise system?

   • Often referred to as a free market system, the private sector is given the economic freedom to make its own economic decisions on what to buy and sell, how much it wants to work or risk, and how it chooses to participate in businesses. How Does a Free Enterprise System Work?

   Free Enterprise - Definition, How It Works, Characteristics

   corporatefinanceinstitute.com/resources/economics/free-enterprise/

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3. www.investopedia.com › terms › fFree Enterprise: Definition, How It Works, Origins, and Example

   www.investopedia.com › terms › f

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   May 22, 2024 · Free enterprise is an economy where the market determines prices, products, and services rather than the government. Learn about the goals, history, and advantages of free enterprise, as well as its contrast with capitalism and socialism.

   • Video Duration: 2 min

4. dictionary.cambridge.org › english › free-enterpriseFREE ENTERPRISE | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › english › free-enterprise

   • Cached

   Free enterprise is an economic system in which private businesses compete with each other to sell goods and services in order to make a profit, and in which government control is limited. Learn more about the meaning, synonyms, and usage of free enterprise from Cambridge Dictionary.

5. dictionary.cambridge.org › english › free-enterpriseFREE ENTERPRISE definition | Cambridge English Dictionary

   dictionary.cambridge.org › english › free-enterprise

   • Cached

   Aug 26, 2015 · Free enterprise is an economic system in which private businesses compete with each other to sell goods and services in order to make a profit, and in which government control is limited. Learn more about the meaning, synonyms, and usage of free enterprise from Cambridge Dictionary.

6. Videos

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     Free Enterprise System Definition, Characteristics & Examples

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     investopedia.com

     Free Enterprise: Definition, How It Works, Origins, and Example

     31 Dec 2008

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     5:45

     youtube.com

     What Is The Free Enterprise System? | History With Ms. H.

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7. corporatefinanceinstitute.com › free-enterpriseFree Enterprise - Definition, How It Works, Characteristics

   corporatefinanceinstitute.com › free-enterprise

   • Cached

   Free enterprise is a market-based economic system where market forces determine prices, supply, and demand without government interference. Learn how free enterprise works, its benefits and pitfalls, and how it differs from capitalism and other types of economies.

8. livewell.com › finance › free-enterprise-definitionFree Enterprise: Definition, How It Works, Origins, And Example

   livewell.com › finance › free-enterprise-definition

   • Cached

   Nov 28, 2023 · Learn what free enterprise is, how it works, where it came from, and see a real-life example in the tech industry. Free enterprise is an economic system based on private ownership, competition, and limited government intervention.

9. www.encyclopedia.com › free-enterpriseFree Enterprise | Encyclopedia.com

   www.encyclopedia.com › free-enterprise

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   May 23, 2018 · Learn the definition and characteristics of free enterprise, an economic system based on market competition and profit motive. Also, find out about a 1998 comedy film with the same title.

10. www.careerprinciples.com › resources › freeFree Enterprise Definition and How it Works - Career Principles

    www.careerprinciples.com › resources › free

    • Cached

    Free enterprise is an economic system where private businesses operate in competition, largely free of state control. Learn about its core principles, historical roots, types, examples, advantages, and disadvantages.