Besloten Venootschaap

A Besloten Venootschaap or BV is an old Terran form of corporation, and still recognized within the Solomani Sphere.

• It is a kind of Business Charter.

Description (Specifications)

Besloten Venootschaap (limited liability company). A limited liability company is a separate legal entity from its owners: the organization shields them from personal liability. In the event a company gets into financial trouble or declares bankruptcy, its owners are not personally liable for the debt.

History & Background (Dossier)

The suffix originated in the northern European region of Terra.

References & Contributors (Sources)

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This list of sources was used by the Traveller Wiki Editorial Team and individual contributors to compose this article. Copyrighted material is used under license from Far Future Enterprises or by permission of the author. The page history lists all of the contributions.

• Traveller Wiki Editorial Team
• Author & Contributor: Lord (Marquis) and Master Scout Emeritus Adie Alegoric Stewart of the IISS
• Author & Contributor: Lord (Marquis) and Master of Sophontology Maksim-Smelchak of the Ministry of Science