commercial enterprise

commercial enterprise

noun
1. an enterprise connected with commerce 
2. the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business" 
WordNet® 3.0, © 2006 by Princeton University.
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Encyclopedia Britannica
Encyclopedia

commercial enterprise

an entity formed for the purpose of carrying on commercial enterprise. Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.

Learn more about commercial enterprise with a free trial on Britannica.com.

Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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