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Enterprise vs Institution - What's the difference?

enterprise | institution |

As nouns the difference between enterprise and institution

is that enterprise is a company, business, organization, or other purposeful endeavor while institution is an established organisation, especially one dedicated to education, public service, culture or the care of the destitute, poor etc.

As a verb enterprise

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

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)

    institution

    English

    Noun

    (wikipedia institution) (en noun)
  • An established organisation, especially one dedicated to education, public service, culture or the care of the destitute, poor etc.
  • The building which houses such an organisation.
  • A custom or practice of a society or community, marriage for example.
  • (informal) A person long established with a certain place or position.
  • The act of instituting.
  • (obsolete) That which institutes or instructs; a textbook or system of elements or rules.
  • There is another manuscript, of above three hundred years old, being an institution of physic. — Evelyn.

    Derived terms

    * academic institution * educational institution * research institution