Naamloze Vennootschap (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, which is called Besloten Vennootschap ("corporate partnership").
The Naamloze Vennootschap is a legal entity in The Netherlands, Belgium, Aruba, Suriname, The Netherlands Antilles, and Indonesia, although in Indonesia the Indonesian translation Perseroan Terbatas (PT) is more commonly used.
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