No. 760 in Swedish
ab
"Ab" is the abbreviation for "aktiebolag," which means "limited company" or "corporation" in English.
In a sentence
AB Volvo är ett svenskt multinationellt företag.
AB Volvo is a Swedish multinational company.
In this sentence, 'AB' ('Aktiebolag') denotes a type of business entity equivalent to 'Corporation' or 'Limited'.
Jag har ett gymkort på AB Träning.
I have a gym membership at AB Training.
Here, 'AB' indicates the business structure of 'AB Träning', implying it is organized as a corporation.
På börsen noterades företaget som AB Lux.
On the stock exchange, the company was listed as AB Lux.
In this usage, 'AB' is part of the official designation of the company, showing its status as a corporation.
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