Business, Legal & 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.

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
Modern Language Association (MLA):
Undertaking. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 28, 2021 https://payrollheaven.com/define/undertaking/.
Chicago Manual of Style (CMS):
Undertaking. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/undertaking/ (accessed: September 28, 2021).
American Psychological Association (APA):
Undertaking. PayrollHeaven.com. Retrieved September 28, 2021, 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)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th January, 2020 | 13 Views.