Investments glossary

Société Anonyme (S.A.)

Société Anonyme (S.A.) is a French term for a public limited company (PLC) and has many equivalents all over the world. A société anonyme is the equivalent of a corporation in the United States (publicly-traded company or incorporated), a public limited company in the United Kingdom, or an Aktiengesellschaft (AG) in Germany. This type of business structure establishes a company as a legal person that can own and transfer property, enter contracts, and be held liable for crimes. One of its key benefits is that it limits the owners’ personal liability for the company’s actions.

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