undertaking

undertaking
undertaking un‧der‧tak‧ing [ˌʌndəˈteɪkɪŋ ǁ ˈʌndərteɪ-] noun
1. [countable usually singular] an important job, piece of work, or activity that you are responsible for:

• Starting a new business can be a risky undertaking.

2. [countable] COMMERCE a business:

• The railway's commercial undertaking was divided into its separate elements.

• the parent company and its subsidiary undertakings

3. [countable] a promise to do something, especially one that has legal force:

• He gave an undertaking that he would repay the money in full.

* * *

undertaking UK US /ˈʌndəˌteɪkɪŋ/ noun [C]
a job, task, or piece of work that someone has decided or agreed to do: a big/enormous/major undertaking »

This is an enormous and most ambitious undertaking.

FORMAL a formal promise: an undertaking to do sth »

Many banks have given undertakings to lend more.

an undertaking that »

Both companies gave an undertaking that they will stop discounting.

FORMAL a business: »

IOC is India's largest commercial undertaking.

»

90% of the investment portfolio comprised investment in the securities of the associated undertakings.


Financial and business terms. 2012.

Synonyms:

Look at other dictionaries:

  • undertaking — un·der·tak·ing n 1: a promise or pledge esp. required by law 2: something (as cash or a written promise) deposited or given as security esp. in a court ◇ Undertakings are often required of one party during property actions (as for attachment) in… …   Law dictionary

  • Undertaking — Un der*tak ing, n. 1. The act of one who undertakes, or engages in, any project or business. Hakluyt. [1913 Webster] 2. That which is undertaken; any business, work, or project which a person engages in, or attempts to perform; an enterprise.… …   The Collaborative International Dictionary of English

  • Undertaking — may refer to: * The task performed by an undertaker. * The obligation resulting from a commitment that has been made. * In business, in particular in EU English , the term is used interchangeably with Enterprise, i.e. a business entity. * In… …   Wikipedia

  • undertaking — enterprise, early 15c., from prp. of UNDERTAKE (Cf. undertake) (v.) …   Etymology dictionary

  • undertaking — [n] endeavor, attempt adventure, affair, business, deal, effort, engagement, enterprise, essay, experiment, game, happening, hassle, hazard, job, move, operation, outfit, play, project, proposition, pursuit, shop, striving, struggle, task, thing* …   New thesaurus

  • undertaking — ► NOUN 1) a formal pledge or promise to do something. 2) a task that is taken on; an enterprise. 3) the management of funerals as a profession …   English terms dictionary

  • undertaking — [un΄dər tā′kiŋ; ] also, & for 3 always, [un′dər tā΄kiŋ] n. 1. something undertaken; task; charge; enterprise 2. a promise; guarantee 3. the business of an UNDERTAKER (sense 2) 4. the act of one who undertakes some task, responsibility, etc …   English World dictionary

  • undertaking — n. promise (esp. BE) 1) to give smb. an undertaking 2) an undertaking to + inf. (an undertaking to complete a project in six months) task, enterprise 3) a joint; large scale undertaking * * * [ˌʌndə teɪkɪŋ] large scale undertaking [ promise ]… …   Combinatory dictionary

  • Undertaking — (Roget s Thesaurus) < N PARAG:Undertaking >N GRP: N 1 Sgm: N 1 undertaking undertaking Sgm: N 1 compact compact &c. 769 Sgm: N 1 adventure adventure venture Sgm: N 1 engagement engagement &c.(promise) 768 Sgm: N 1 enterp …   English dictionary for students

  • undertaking — noun 1 piece of work/business ADJECTIVE ▪ big, considerable (esp. BrE), large, major ▪ enormous, great, huge, massive, monumental …   Collocations dictionary

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