AS

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joint-stock company, public limited company, JSC
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/ˈaː es/
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A Latvian company owned through shares under the joint-stock legal form.

Examples

  • Akcionāri sapulcē ievēlēja jaunu AS padomi.
    At the meeting, the shareholders elected a new supervisory board for the company.
  • Līgumu parakstīja AS “Ziemeļi” valdes priekšsēdētājs.
    The contract was signed by the chair of the board of Ziemeļi JSC.
  • Komercreģistrā var pārbaudīt AS valdes sastāvu.
    The board members of the joint-stock company can be checked in the Commercial Register.
  • Uzņēmuma nosaukumā AS var rakstīt sākumā vai beigās.
    In the company name, AS may be written at the beginning or the end.
  • Banka darbojas kā AS, nevis kā SIA.
    The bank operates as a joint-stock company, not as an SIA.

Similar words

akciju sabiedrība

Meanings

Joint-stock company

business
formal
The official abbreviation for akciju sabiedrība, a Latvian company whose capital is divided into shares that may be publicly traded.

Examples

  • Līgumu parakstīja AS “Ziemeļi” valdes priekšsēdētājs.
    The contract was signed by the chair of the board of Ziemeļi JSC.
  • Uzņēmuma nosaukumā AS var rakstīt sākumā vai beigās.
    In the company name, AS may be written at the beginning or the end.
  • Šīs AS akcijas nav iekļautas biržas sarakstā.
    The shares of this joint-stock company are not listed on a stock exchange.
  • Komercreģistrā var pārbaudīt AS valdes sastāvu.
    The board members of the joint-stock company can be checked in the Commercial Register.
  • Akcionāri sapulcē ievēlēja jaunu AS padomi.
    At the meeting, the shareholders elected a new supervisory board for the company.
  • Banka darbojas kā AS, nevis kā SIA.
    The bank operates as a joint-stock company, not as an SIA.

Similar words

Etymology

Made from the initial letters of akciju sabiedrība, literally ‘share company’ or ‘joint-stock company’.

FAQ

What does AS stand for in Latvia?

AS stands for akciju sabiedrība, a Latvian joint-stock company.

What is the English equivalent of AS?

The closest general equivalents are joint-stock company and public limited company, though legal details vary by country.

Does every AS trade on a stock exchange?

No. Latvian law allows an AS to issue shares, but its shares do not have to be exchange-listed.

Is an AS the same as an SIA?

No. An AS is a joint-stock company whose shares may be publicly traded, while an SIA is a closed limited liability company.

How is AS pronounced in Latvian?

It is read as the letter names, /ˈaː es/.

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