Aktiebolag
Aktiebolag is the
Swedish term for a
corporation, i.e. a company that has
stocks. When used in company names it is abbreviated
AB in
Sweden and
Ab in Finland.
The Finnish language equivalent is
osakeyhtiö, or Oy. The German and Norwegian equivalents would be
Aktiengesellschaft (AG) and
Aksjeselskap (AS), respectively, which is literally a translation of the Swedish term (or vice versa); the British would be
Limited company (Ltd.); the Americans call it
corporation (Inc.).
Companies that are on the Swedish
stock markets provide public stock, and their legal name is
AB (publ) in Sweden (although the term "publ." is never used in common trading). This to differentiate them from companies that do not offer public stock. Even small companies, such as one-man companies, can be structured as stock companies. In Finland, is a company listed on the
Helsinki Stock Exchange.
The abbreviation has been so common that it is commonly seen within company names.
SAAB (Svenska Aeroplan AB) is one well known example. Others are
Abloy (AB Lås
OY) and
Peab etc.