Aktiengesellschaft (German pronunciation: [ˈaktsi̯ənɡəˌzɛlʃaft]; abbreviated AG, pronounced [aːˈgeː]) is a German word for a corporation limited by 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 société anonyme or a società per azioni), and South Tyrol[a] for companies incorporated there. It is also used in Luxembourg (as Aktiëgesellschaft, pronounced [ˈɑktsjəɡəˌzælʃɑft]), although the equivalent French language term société anonyme is more common.[citation needed] In the United Kingdom, the equivalent term is "PLC" and in the United States while the terms "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company"[1] (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges).[2]

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  1. ^ Google Translate reports "Aktiengesellschaft" translates as "joint-stock company".
  2. ^ This page: https://www.londonstockexchange.com/statistics/companies-and-issuers/companies-and-issuers.htm (visited September 24, 2019) has a list of all public companies in Britain, and it numbers 2001 entries. This page: "How many limited companies are there in the UK?" (Company Bug; visited September 24, 2019) says there are 1.9 million limited companies in Britain.

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