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Enterprise vs Parastatal - What's the difference?

enterprise | parastatal |

As nouns the difference between enterprise and parastatal

is that enterprise is a company, business, organization, or other purposeful endeavor while parastatal is a company, agency, or intergovernmental organization, that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.

As a verb enterprise

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

As an adjective parastatal is

pertaining to such a company or group.

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)

    parastatal

    English

    Noun

    (en noun)
  • A company, agency, or intergovernmental organization, that possesses political clout and is separate from the government, but whose activities serve the state, either directly or indirectly.
  • Synonyms

    * quango

    Adjective

    (-)
  • Pertaining to such a company or group.
  • *2009 , (Diarmaid MacCulloch), A History of Christianity , Penguin 2010, p. 918:
  • *:‘Parastatal ’ organizations – local councils, representatives of business, the Red Cross – had been increasingly filling the gap left by the government's maladministration [...].