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société par actions à responsabilité limitée

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EKI terminibaas Esterm

ID 692422 Viimati muudetud 30.12.2004
Vaata sõnakogu
Vaata sõnakogu
Valdkond companies
limited liability company eelistatud
limited company
LLC
Ltd
société par actions à responsabilité limitée
  • a corporation with share capital in which the liability of shareholders for debts of the corporation is restricted to the amount of the capital subscribed
limited liability company eelistatud
Näited
  • corporation, also called LIMITED LIABILITY COMPANY, a specific legal form of organization of persons and material resources, chartered by the state, for the purpose of conducting business. As contrasted with the other two major forms of business ownership, the sole proprietorship and the partnership, the corporation is distinguished by a number of characteristics that make it a more flexible instrument for large-scale economic activity, particularly for the purpose of raising large sums of capital investment. Chief among these features are: (1) limited liability, meaning that capital suppliers are not subject to losses greater than the amount of their investment; (2) transferability of shares, whereby rights in the enterprise may be transferred readily from one investor to another without reconstituting the organization under law; (3) juridical personality, meaning that the corporation itself as a fictive "person" has legal standing and may thus sue and be sued, may make contracts, and may hold property in a common name; and (4) indefinite duration, whereby the life of the corporation may extend beyond the participation of any of its incorporators. The owners of the corporation in a legal sense are the shareholders, who purchase with their investment of capital a share in the proceeds of the enterprise and who are nominally entitled to a measure of control over the uses to which their investment is put by the managers of the corporation.
limited company
LLC lühend
Ltd lühend
société par actions à responsabilité limitée

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