Definition, Meaning & Synonyms
commercial-enterprise
noun
/kəˈmɜːrʃəl ˈɛn.tə.praɪz/
Definition
A business organization that is engaged in commercial activities to sell products or services for profit.
Examples
- A small coffee shop is a type of commercial enterprise.
- Tech startups are often considered innovative commercial enterprises.
- Commercial enterprises can significantly impact the local economy.
Meaning
A commercial enterprise is typically focused on generating revenue through the sale of goods or services, and it may operate on various scales, from small businesses to large corporations.
Synonyms
- business
- company
- firm
- corporation
- venture
