Etymology
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undertaking (n.)

"enterprise," early 15c., verbal noun from undertake (v.). An Old English word for this was underfangenes.

updated on February 26, 2014

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Definitions of undertaking from WordNet

undertaking (n.)
any piece of work that is undertaken or attempted;
he prepared for great undertakings
Synonyms: project / task / labor
undertaking (n.)
the trade of a funeral director;
Etymologies are not definitions. From wordnet.princeton.edu, not affiliated with etymonline.