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Enterprise vs Economy - What's the difference?

enterprise | economy |

As nouns the difference between enterprise and economy

is that enterprise is a company, business, organization, or other purposeful endeavor while economy is effective management of the resources of a community or system.

As a verb enterprise

is to undertake an enterprise, or something hazardous or difficult.

As an adjective economy is

cheap to run; using minimal resources; representing good value for money.

enterprise

English

(wikipedia enterprise)

Alternative forms

* enterprize (chiefly archaic) * entreprise (chiefly archaic)

Noun

(en noun)
  • A company, business, organization, or other purposeful endeavor.
    • The (GSEs) are a group of financial services corporations which have been created by the United States Congress.
    A micro-enterprise is defined as a business having 5 or fewer employees and a low seed capital.
  • An undertaking or project, especially a daring and courageous one.
    • Biosphere 2 was a scientific enterprise aimed at the exploration of the complex web of interactions within life systems.
  • A willingness to undertake new or risky projects; energy and initiative.
    • He has shown great enterprise throughout his early career.
  • an active participation in projects

    • Synonyms

    * initiative

    Derived terms

    * enterprising * commercial enterprise * scientific enterprise

    Verb

    (enterpris)
  • To undertake an enterprise, or something hazardous or difficult.
    • (Alexander Pope)
  • To undertake; to begin and attempt to perform; to venture upon.
  • * Dryden
    • The business must be enterprised this night.
  • * T. Otway
    • What would I not renounce or enterprise for you!
  • To treat with hospitality; to entertain.
  • * Spenser
    • Him at the threshold met, and well did enterprise .
    (Webster 1913)

    economy

    English

    Alternative forms

    *

    Noun

    (wikipedia economy) (economies)
  • Effective management of the resources of a community or system.
  • Collective focus of the study of money, currency and trade, and the efficient use of resources.
  • Frugal use of resources.
  • * Jonathan Swift
    • I have no other notion of economy than that it is the parent to liberty and ease.
  • The system of production and distribution and consumption. The overall measure of a currency system; as the national economy.
  • * {{quote-magazine, date=2013-08-31, volume=408, issue=8851, magazine=(The Economist)
    • , title= Horns of a trilemma , passage=An economy open to free movement of capital can keep a fixed exchange rate, for example, only by subjugating monetary-policy goals to its defence—by raising interest rates sharply, say, when capital outflows put downward pressure on the currency. Yet the trilemma also implies that an economy can enjoy both free capital flows and an independent monetary policy, so long as it gives up worrying about its exchange rate.}}
  • (theology) The method of divine government of the world.
  • (archaic) Management of one’s (l).

    • Derived terms

    * collaborative economy * command economy * economic * economical * economist * economize * market economy * peer-to-peer economy * planned economy * sharing economy

    Related terms

    * economics ** macroeconomics ** microeconomics

    Adjective

    (-)
  • Cheap to run; using minimal resources; representing good value for money.
    • "He bought an economy car."
    "Economy size".

    Anagrams

    *