Meaning of the word enterprises in English

What does enterprises mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

enterprises

US /ˈɛntərˌpraɪzɪz/
UK /ˈɛntəpraɪzɪz/

Plural Noun

1.

companies or businesses, especially those that are large or require a lot of effort

Example:
Small and medium-sized enterprises are vital to the economy.
The government supports new business enterprises.
2.

projects or undertakings, especially bold or complex ones

Example:
The space exploration enterprises require significant funding.
His latest enterprises include a chain of organic food stores.