Define: Undertaking

UK Accounting Glossary

Definition: Undertaking


Quick Summary of Undertaking


A corporate body, partnership or an unincorporated association carrying on a trade or business with a view to making a profit.




What is the dictionary definition of Undertaking?

Dictionary Definition


  1. The business of an undertaker, or the management of funerals.
  2. A promise or pledge; a guarantee.
  3. That which is undertaken; any business, work, or project which a person engages in, or attempts to perform; an enterprise.

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Undertaking FAQ's



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/undertaking/
Modern Language Association (MLA):
Undertaking. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 19, 2019 https://payrollheaven.com/define/undertaking/.
Chicago Manual of Style (CMS):
Undertaking. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/undertaking/ (accessed: November 19, 2019).
American Psychological Association (APA):
Undertaking. PayrollHeaven.com. Retrieved November 19, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/undertaking/

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This glossary post was last updated: 5th May 2019.