Legal Definitions - enterprise

Definition: An enterprise is an organization or venture, usually for business purposes. It can also refer to a governmental body or a group of individuals associated in fact, although not a legal entity.

• A small business that sells handmade crafts is an example of an enterprise.
• A parks department that creates a public park is an example of a governmental enterprise.
• Under federal anti-racketeering law, an enterprise can be an individual, partnership, corporation, association, union, or other legal entity that engages in ongoing illegal activity.

The examples illustrate how an enterprise can take many forms, from a small business to a government agency to a criminal organization. In each case, the enterprise has a specific purpose and may involve multiple individuals or entities working together towards a common goal.