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Naamloze Vennootschap Totally Explained
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Everything about Naamloze Vennootschap totally explained (usually abbreviated NV) is the Dutch term for a public limited liability corporation. The company is owned by shareholders, and the company's shares are not registered to certain owners, so that they may be traded on the public stock market.
The phrase literally means "innominate partnership" and comes from the fact that the partners (the shareholders) are not directly known. This is in contrast to the term for a private limited company PLC, which is called ("corporate partnership").
The is a legal entity in The Netherlands, Belgium, Aruba, Suriname, The Netherlands Antilles, and Indonesia, although in Indonesia the Indonesian translation (PT) is more commonly used.
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