Besloten Vennootschap

(usually abbreviated B.V.) is the Dutch terminology for a private limited liability corporation. The company is owned by shareholders, and the company's shares are privately registered and not freely transferable. The phrase literally means "secluded partnership" and it is the most common form of enterprise in the Netherlands.
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v. ltd. company, limited company, inc. company, incorporated company

This form of incorporation under Dutch company law is broadly comparable to the private limited liability company in the United Kingdom.