Definition of Enterprise

A venture or undertaking especially one involving financial commitment. Sizemore v. Hall, 148 Kan. 233, 80 P.2d 1092, 1095. To find existence of “enterprise” within Fair Labor Standards Act, there must be related activities, unified operation or common control, and common business purpose. Brennan v. Amheim & Neely, Inc., U.S.Pa., 410 U.S. 512, 93 S.Ct. 1138, 1142, 35 L.Ed.2d 463. See also Joint enterprise.

That's the definition of Enterprise in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.