1. An organization or venture, esp. for business purposes.
governmental enterprise. An enterprise undertaken by a governmental body, such as a parks department that creates a public park.
— Also termed government enterprise.
2. Under federal anti-racketeering law, an individual, partnership, corporation, association, union, other legal entity, or group of individuals associated in fact, although not a legal entity. • The enterprise must be ongoing and must exist as an entity separate from the allegedly illegal activity that it engages in. 18 USCA § 1961(4). See RACKETEER INFLUENCED AND CORRUPT ORGANIZATIONS ACT. [Cases: Racketeer Influenced and Corrupt Organizations 33. C.J.S. RICO (Racketeer Influenced and Corrupt Organizations) §§ 8–10.]
3. One or more persons or organizations that have related activities, unified operation or common control, and a common business purpose. • Under the Fair Labor Standards Act, an employee who is employed by an enterprise is entitled to minimum-wage and overtime benefits.29 USCA §§ 201 et seq.
