Enterprise

1. Business organisation.

A commercial entity, especially when considered as a whole.

2. Valuation.

'Enterprise value' is the total value of a commercial business, whether funded by equity alone or by a combination of equity and debt.

Also known as 'entity value'.

3. Economics.

One of the 'factors of production' in economics, the others classically being labour, land and capital.

In this context, 'enterprise' refers to taking the risks involved in organising other resources for the production of goods and services.

See also

• Capital
• Enterprise risk management
• Entity
• Factors of production
• Labour
• Land
• SME
• SOE