Undertaking
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
An engagement by one of the parties to a contract to the other, and not the mutual engagement of the parties to each other: a promise.
5 East 17; 4 B. & Aid. 595, followed in Alexander v. State, 28 Tex. App. 186, 12 S. W. 595.
It does not necessarily imply a consideration; Thompson v. Blanchard, 3 N. Y. 335. It is used of large financial and business transactions.