Società a Responsabilità Limitata; the Italian equivalent of a limited liability company, indicating restricted financial responsibility for shareholders.
Italian acronym from 'Società a Responsabilità Limitata', literally 'society with limited responsibility'. Developed from 19th century Italian commercial law influenced by French and German corporate structures. Reflects the evolution of business liability concepts in European law.
SRL represents how business language travels across borders - this Italian corporate form has influenced business structures worldwide, and you'll see similar abbreviations (LLC, Ltd, GmbH) that all trace back to the revolutionary idea that business owners shouldn't lose personal assets for company debts.
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