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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Synonyms For Undertaking


enterprise, business, project, task, commitment


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. February 22, 2020 https://payrollheaven.com/define/undertaking/.
Chicago Manual of Style (CMS):
Undertaking. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/undertaking/ (accessed: February 22, 2020).
American Psychological Association (APA):
Undertaking. PayrollHeaven.com. Retrieved February 22, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/undertaking/

Definition Sources


Definitions for Undertaking are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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