Naamloze Vennootschap

(usually abbreviated NV) is the Dutch terminology 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 "nameless 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 ("secluded partnership").The is a legal entity in The Netherlands, Belgium, Suriname, The Netherlands Antilles, and Indonesia, although in Indonesia the Indonesian translation (PT) is more commonly used.
See more at Wikipedia.org...

n. limited liability company

inc, incorporated company; PLC., public limited company

In Dutch company law, the NV is the form of incorporation favored by larger companies. It can be compared to the American corporation.