What Is AG Aktiengesellschaft? Definition, Meaning, and Example

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aktiengesellschaft pronunciation

‘AG’ is an abbreviation for the German wordAktiengesellschaft, which literally translates to ‘stock corporation’ or ‘shares corporation’ in English. AG companies trade publicly on stock exchanges with the majority of companies trading on the DAX. Crowdsourced audio pronunciation dictionary for 89 languages, with meanings, synonyms, sentence usages, translations and much more. A limited company is a form of incorporation that limits the amount of liability undertaken by the company’s shareholders. German AGs have a “two-tiered board” structure, consisting of a supervisory board and a management board . The supervisory board is generally controlled by shareholders, although employees may have seats, depending on the size of the company.

German vocabulary

If the employee number exceeds 2,000, employee representatives will fill half of the board. Also, the articles of association may limit the number of members. The Aktiengesellschaft’s name will come from the enterprise’s purpose and contains the word Aktiengesellschaft in its title. The articles of association include the corporation’s name, registered office, share capital, each shareholder’s contribution, and details regarding the shares. A court or notarywill authenticate the articles of association. The general meeting is the supreme governing body of a Swiss company limited by shares.

aktiengesellschaft pronunciation

The management board directly runs the company, but its members may be removed by the supervisory board, which also determines the management board’s compensation. Some German AGs have management boards aktiengesellschaft pronunciation which determine their own remuneration, but that situation is now relatively uncommon. Aktiengesellschaft in german pronunciations with meanings, synonyms, antonyms, translations, sentences and more.

Aktiengesellschaft

An AG has a managing board of one or more members appointed by and reporting to, the supervisory board of three or more members. An Aktiengesellschaft with a share capital of $3 million or more has two or more managing board members. An AG employing over 500 workers will have employee representatives occupying one-third of the supervisory board.

The Office will issue a certificate of registration, and publish news of the establishment in the Swiss Official Gazette of Commerce. You can contribute this audio pronunciation of Aktiengesellschaft to HowToPronounce dictionary. Click on the Play button to listen to how Aktiengesellschaft is pronounced. An Aktiengesellschaft is subject to the Stock Corporation Act. This act involvesshare capital of approximately $56,000, with at least half paid at registration. The business owner will enlist the services of an attorney or bank in preparing documentation for registration.

aktiengesellschaft pronunciation

An AG is a business owned by shareholders which may be traded on a stock marketplace. Shareholders exercise power over controlling policies at regularly scheduled general meetings. The managing board decides on all operational matters, and the supervisory board carries them out. In Germany and Austria, the legal basis of the AG is the German Aktiengesetz (abbr. AktG; “shares law”) or the Austrian Aktiengesetz (abbr. AktG). The acronym PLC, or public limited company, indicates that shares in the firm are publicly traded. German companies that are publicly traded are designated as such by the letters ‘AG’ after the company name.

Phonetic spelling of Aktiengesellschaft

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  • Ltd. is an abbreviation for “limited,” a type of incorporation used in the United Kingdom, Ireland, Canada and other Commonwealth countries.
  • AG is an abbreviation of Aktiengesellschaft, which is a German term for a public limited company.
  • Article 950 specifies that the business name must indicate the legal form.
  • An Aktiengesellschaft with a share capital of $3 million or more has two or more managing board members.
  • This type of company shares are offered to the general public and traded on a public stock exchange.

AG is an abbreviation of Aktiengesellschaft, which is a German term for a public limited company. This type of company shares are offered to the general public and traded on a public stock exchange. The shareholders are not responsible for the company’s debts, and their assets are protected in case the company becomes insolvent. Aktiengesellschaft is a German term made up of words meaning share and corporation.

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The board of directors may appoint and dismiss persons entrusted with managing and representing the company. DisclaimerAll content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. A société anonyme (S.A.) is a French business structure equivalent to a U.S. corporation. Abbreviated as “AG”, these letters follow the name of such public limited liability companies. The equivalent terms in other countries include the following, which mostly mean literally either “share company/society” or “anonymous company/society”. Article 950 specifies that the business name must indicate the legal form.

In other languages

Is an acronym for the Dutch phrase Naamloze Vennootschap, which is the equivalent of a public company in the Netherlands and elsewhere. Ltd. is an abbreviation for “limited,” a type of incorporation used in the United Kingdom, Ireland, Canada and other Commonwealth countries. Text is available under the Creative Commons Attribution-ShareAlike License; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Vocabulary trainer Build your vocabulary with our free vocab trainer. Enter a text into the text field and highlight one or several words with the mouse to look up a translation.

Record the pronunciation of this word in your own voice and play it to listen to how you have pronounced it. The required capital is deposited into a banking account, and the https://1investing.in/ notarized documents and signed application submitted to the Commercial Registry Office. The AG will become a legal entity within seven days if all materials are in order.

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