- Broadly, that which one has agreed to do. Technically, an obligation in writing binding the signatories to pay such an amount as shall be adjudged due. General American Industries, Inc. v County Court of Clear Creek County, 136 Colo 86, 316 P2d 565. Although the essential purpose of all undertaking is the same as that of a bond, and an undertaking with security is in common usage and in the language of the law, a bond, the dissimilarity in terms is fundamental. An undertaking has to do with amounts to be determined, whereas a bond has to do with liquidated amounts. 12 Am J2d Bonds § 1. The distinction between a bond and all undertaking is that the principal should sign the former and that he is not required to sign the latter. Russell , Chicago, B. & Q. R. Co. 37 Mont 1, 94 P 48 8, 501.
Ballentine's law dictionary. Anderson, W.S.. 1998.
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undertaking — un·der·tak·ing n 1: a promise or pledge esp. required by law 2: something (as cash or a written promise) deposited or given as security esp. in a court ◇ Undertakings are often required of one party during property actions (as for attachment) in… … Law dictionary
undertaking — un‧der‧tak‧ing [ˌʌndəˈteɪkɪŋ ǁ ˈʌndərteɪ ] noun 1. [countable usually singular] an important job, piece of work, or activity that you are responsible for: • Starting a new business can be a risky undertaking. 2. [countable] COMMERCE a business: • … Financial and business terms
Undertaking — Un der*tak ing, n. 1. The act of one who undertakes, or engages in, any project or business. Hakluyt. [1913 Webster] 2. That which is undertaken; any business, work, or project which a person engages in, or attempts to perform; an enterprise.… … The Collaborative International Dictionary of English
Undertaking — may refer to: * The task performed by an undertaker. * The obligation resulting from a commitment that has been made. * In business, in particular in EU English , the term is used interchangeably with Enterprise, i.e. a business entity. * In… … Wikipedia
undertaking — enterprise, early 15c., from prp. of UNDERTAKE (Cf. undertake) (v.) … Etymology dictionary
undertaking — [n] endeavor, attempt adventure, affair, business, deal, effort, engagement, enterprise, essay, experiment, game, happening, hassle, hazard, job, move, operation, outfit, play, project, proposition, pursuit, shop, striving, struggle, task, thing* … New thesaurus
undertaking — ► NOUN 1) a formal pledge or promise to do something. 2) a task that is taken on; an enterprise. 3) the management of funerals as a profession … English terms dictionary
undertaking — [un΄dər tā′kiŋ; ] also, & for 3 always, [un′dər tā΄kiŋ] n. 1. something undertaken; task; charge; enterprise 2. a promise; guarantee 3. the business of an UNDERTAKER (sense 2) 4. the act of one who undertakes some task, responsibility, etc … English World dictionary
undertaking — n. promise (esp. BE) 1) to give smb. an undertaking 2) an undertaking to + inf. (an undertaking to complete a project in six months) task, enterprise 3) a joint; large scale undertaking * * * [ˌʌndə teɪkɪŋ] large scale undertaking [ promise ]… … Combinatory dictionary
Undertaking — (Roget s Thesaurus) < N PARAG:Undertaking >N GRP: N 1 Sgm: N 1 undertaking undertaking Sgm: N 1 compact compact &c. 769 Sgm: N 1 adventure adventure venture Sgm: N 1 engagement engagement &c.(promise) 768 Sgm: N 1 enterp … English dictionary for students
undertaking — noun 1 piece of work/business ADJECTIVE ▪ big, considerable (esp. BrE), large, major ▪ enormous, great, huge, massive, monumental … Collocations dictionary