undertaking

Definitions (2)
Related Terms
1. Guaranty, promise, or stipulation that creates an obligation.
2. Business enterprise and, in some jurisdictions (such as European Union) charities, state commercial bodies, and trade associations.

Use 'undertaking' in a Sentence

It was a really grand undertaking, with a lot of danger and could result in the loss of all of their lives, but that did not prevent them from going.
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There should always be a clear undertaking of the rules so that you don't get any fines or penalties levied against you.
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The risky undertaking was a calculated risk for the investment team and it ended out paying off in proportion to the risk.
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