‖n. [ F. See Enterprise. ] (Polit. Econ.) One who takes the initiative to create a product or establish a business for profit; generally, whoever undertakes on his own account an enterprise in which others are employed and risks are taken. F. A. Walker. [ 1913 Webster +PJC ]
adj.
n. the activity of organizing, managing, and assuming the risks of a business enterprise. The individual doing the organizing is called the entrepreneur. [ PJC ]