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.


Full Definition of Undertaking


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
Modern Language Association (MLA):
Undertaking. Payroll & Accounting Heaven Ltd. November 19, 2019
Chicago Manual of Style (CMS):
Undertaking. Payroll & Accounting Heaven Ltd. (accessed: November 19, 2019).
American Psychological Association (APA):
Undertaking. Retrieved November 19, 2019, from website:

Definition Sources

Definitions for Undertaking are sourced/syndicated from:

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