Italy

PIIGS
An often derisive acronym referring to the heavily indebted Southern European nations of Portugal, Ireland, Italy, Greece, and Spain.
Società a Responsabilità Limitata (SARL)
SARL, or 'Società a Responsabilità Limitata', is the Italian designation for a firm with limited liability. It is a common type of business entity in Italy that offers liability protection to its owners while allowing a flexible organizational structure.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.