stock corporation
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stock corporation
A specific legal form for a company whose share capital is divided into shares. The liability of the owners, or shareholders, is limited to the value of their shares.
Die Deutsche Telekom AG ist eine der bekanntesten Aktiengesellschaften in Deutschland.
Deutsche Telekom AG is one of the best-known stock corporations in Germany.
The word is made up of 'Aktie' (a share in a company) and 'Gesellschaft' (a company or association). So an 'Aktiengesellschaft' is literally a 'share company'.
Viele große deutsche Firmen sind Aktiengesellschaften.
Many large German companies are stock corporations.
In business and in written texts, the abbreviation 'AG' is almost always used. It comes directly after the company name.
Die Volkswagen AG hat ihren Hauptsitz in Wolfsburg.
Volkswagen AG has its headquarters in Wolfsburg.
Common verbs used in connection with this company form are 'eine AG gründen' (to found an AG), 'eine Firma in eine AG umwandeln' (to convert a company into an AG), and 'eine AG leiten' (to manage an AG).
Sie planen, ihr Start-up in eine Aktiengesellschaft umzuwandeln.
They are planning to convert their start-up into a stock corporation.
society / company
'die Gesellschaft' and 'die Aktiengesellschaft' can both refer to a company. 'Gesellschaft' is more general and can stand for various forms of companies or economic associations. 'Aktiengesellschaft' is much more specific: it is a particular legal form in which the capital is divided into shares. Learners may confuse the words because 'Gesellschaft' is part of 'Aktiengesellschaft'. If you are only talking about a company in general, 'Gesellschaft' is enough. If the legal form with shares is important, you say 'Aktiengesellschaft'.
Die Aktiengesellschaft verkauft neue Aktien an Investoren.
The stock corporation is selling new shares to investors.
Die Gesellschaft hat ihren Sitz in München.
The company is based in Munich.