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limited liability company in Lithuanian

limited liability company in Lithuanian is Uždaroji akcinė bendrovė.

limited liability company in Lithuanian

Uždaroji akcinė bendrovė
noun
(legal) A type or form of for-profit incorporated company where ownership is divided into shares, and where the governing rules are set forth in a contract entered into by all of the initial shareholders. The name derives from the fact that regardless of potential losses or even bankruptcy of the corporation, individual shareholders will bear a maximum liability of the price they paid for their shares.
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What is "limited liability company" in Lithuanian?

"limited liability company" in Lithuanian is Uždaroji akcinė bendrovė.

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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.