Akciju Sabiedrība
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Akciju Sabiedrība
''Akciju sabiedrība'' (Latvian pronunciation: aktsiju ˈsabiɛdri:ba abbreviated AS, pronounced aːˈes is a Latvian word for a legal form of a corporation in Latvia. In English, the Latvian term ''akciju sabiedrība'' is translated as ''stock company'' by the Commercial Law of Latvia. In Latvia, stock companies (''akciju sabiedrība'' or ''AS'') are being registered by the Register of Enterprises of Latvia. ''Akciju sabiedrība'' (AS) is a company whose shares or stocks may be publicly traded. In English, the roughly equivalent terms are Joint-stock company (JSC) and Public limited company (PLC). ''Akciju sabiedrība'' is usually set up if intended to carry out a business requiring large investments. Since stock is a security, the raising of public capital by issuing new stock makes it easier to attract more investment than by offering shares to a closed range of applicants, as is the case with the limited liability company (LLC or ''SIA'' in Latvian). In addition, cert ...
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Latvian Orthography
Latvian may refer to: *Something of, from, or related to Latvia **Latvians, a Baltic ethnic group, native to what is modern-day Latvia and the immediate geographical region **Latvian language, also referred to as Lettish **Latvian cuisine **Latvian culture **Latvian horse *Latvian Gambit, an opening in chess See also *Latvia (other) Latvia is a country in Europe. Latvia can also refer to: *Latvian Soviet Socialist Republic (1940–1990) *Latvia (European Parliament constituency) * 1284 Latvia - asteroid * Latvia Peak - mountain in Tajikistan Tajikistan (, ; tg, То ... * {{disambiguation Language and nationality disambiguation pages ...
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Osakeyhtiö
''Osakeyhtiö'' (; " stock company"), often abbreviated to Oy (), is the term for a Finnish limited company (e.g., Ltd, LLC, or GmbH). The Swedish-language term is '' aktiebolag'', often abbreviated (in Finland) to Ab. The Swedish abbreviation is sometimes included, as in ''Ab Company Oy'', ''Oy Company Ab'', or ''Company Oy Ab''. The abbreviations have been styled in many ways, such as ''Oy'', ''OY'', ''O.Y.'', or even ''O/Y''. The English form is ''Ltd.'' ''Julkinen osakeyhtiö'' ''Julkinen osakeyhtiö'' (pl. ''julkiset osakeyhtiöt'') means "public stock company" and is abbreviated to oyj (). A ''julkinen osakeyhtiö'' can be listed on the Helsinki Stock Exchange. The term's Swedish equivalent is ''Abp'' (''publikt aktiebolag''). An oyj may be called a public limited company or public company in English and may use the abbreviation PLC or the term corporation in the company's English name, for example Remedy Entertainment Plc, Kone Corporation and Nokia Corporation. Re ...
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Aktiebolag
''Aktiebolag'' (, " stock company") is the Swedish term for "limited company" or "corporation". When used in company names, it is abbreviated AB (in Sweden), Ab (in Finland), or, rarely, A/B (dated), roughly equivalent to the abbreviations ''Ltd.'' and '' PLC''. The state authority responsible for registration of aktiebolag in Sweden is called the Swedish Companies Registration Office. Sweden All ''aktiebolag'' are divided into two categories: private limited companies and public limited companies. The name of a private limited company may not contain the word ''publikt'' ("public") and the name of a public limited company may not contain the word ''privat'' or ''pvt.'' ("private"). Public A public limited company (''publikt aktiebolag'') is legally denoted as "AB (publ.)" in Sweden or "Abp" in Finland. A Swedish public limited company must have a minimum share capital of 500,000 Swedish kronor and its shares can be offered to the general public on the stock market. The ...
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Aksjeselskap
''Aksjeselskap'' is the Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held liable for any debt beyond the stock capital. Public companies are called Allmennaksjeselskap (ASA), while companies without limited liability are called '' Ansvarlig selskap'' (ANS). All AS companies must have a stock capital of at least NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiaries may have a different fiscal year, as is allowed, to match the parent corporation. The ASA ...
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Aktieselskab
''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. This can be used to protect the assets of the company against creditors by forming a group of companies. If an A/S is owned by a holding company (typically another A/S), the profit from the production company can be transferred to the holding company. Since there is no liability for the owners of an A/S, creditors from the production company will not be able to claim the profit in case of bankruptcy. Professional creditors, such as banks, protect themselves from this by demanding that the holding company guarantees the debts of the production company. Formation of an ''aktieselskab'' The formation of an ''aktieselskab'' requires a number of steps, including the followi ...
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Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term ''S.A. (corporation), société anonyme'' is more common. In the United Kingdom, the equivalent term is public limited company, "PLC" and in the United States while the terms Incorporation (business), "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German w ...
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Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 2022 are in th ...
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Latvian Language
Latvian ( ), also known as Lettish, is an Eastern Baltic language belonging to the Baltic branch of the Indo-European language family, spoken in the Baltic region. It is the language of Latvians and the official language of Latvia as well as one of the official languages of the European Union. There are about 1.3 million native Latvian speakers in Latvia and 100,000 abroad. Altogether, 2 million, or 80% of the population of Latvia, speak Latvian. Of those, around 1.16 million or 62% of Latvia's population use it as their primary language at home, however excluding the Latgale Region it is spoken as a native language in villages and towns by over 90% of the population. As a Baltic language, Latvian is most closely related to neighboring Lithuanian (as well as Old Prussian, an extinct Baltic language); however Latvian has followed a more rapid development. In addition, there is some disagreement whether Latgalian and Kursenieki, which are mutually intelligible with Latvian, s ...
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Financial Instrument
Financial instruments are monetary contracts between parties. They can be created, traded, modified and settled. They can be cash (currency), evidence of an ownership interest in an entity or a contractual right to receive or deliver in the form of currency (forex); debt ( bonds, loans); equity ( shares); or derivatives ( options, futures, forwards). International Accounting Standards IAS 32 and 39 define a financial instrument as "any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity". Financial instruments may be categorized by "asset class" depending on whether they are equity-based (reflecting ownership of the issuing entity) or debt-based (reflecting a loan the investor has made to the issuing entity). If the instrument is debt it can be further categorized into short-term (less than one year) or long-term. Foreign exchange instruments and transactions are neither debt- nor equity-based and bel ...
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Legal Person
In law, a legal person is any person or 'thing' (less ambiguously, any legal entity) that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "''legal'' person" is that some legal persons are not people: companies and corporations are "persons" legally speaking (they can legally do most of the things an ordinary person can do), but they are not people in a literal sense. There are therefore two kinds of legal entities: human and non-human. In law, a human person is called a ''natural person'' (sometimes also a ''physical person''), and a non-human person is called a ''juridical person'' (sometimes also a ''juridic'', ''juristic'', ''artificial'', ''legal'', or ''fictitious person'', la, persona ficta). Juridical persons are entities such as corporations, firms (in some jurisdictions), and many government agencies. They are treated in law as if they were persons. Whil ...
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