TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

COMPAGNIE RESPONSABILITE LIMITEE GARANTIES [2 records]

Record 1 2016-07-22

English

Subject field(s)
  • Commercial and Other Bodies (Law)
DEF

... usually a company which has been formed for charitable or educational purposes. It has no share capital and in the event of being wound up the members are liable to the extent of the guarantee given. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Organismes commerciaux ou non (Droit)

Spanish

Save record 1

Record 2 2015-06-10

English

Subject field(s)
  • Translation (General)
OBS

... two forms of company limited by guarantee [are recognised], namely, the guarantee company without a share capital and the guarantee company with a share capital. The former is the guarantee company in its pure form, whereas the latter is something of a hybrid.

OBS

In the case of a pure guarantee company a member is under no obligation to subscribe up to the amount of his guarantee while the company is a going concern ...

French

Domaine(s)
  • Traduction (Généralités)

Spanish

Save record 2

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