Premise: Naamloze vennootschap (] ; correctly abbreviated nv, however, often abbreviated N.V. or NV) is a legal structure of a company (of the sort "public company") conformable law in the Netherlands, Belgium, Indonesia, and Suriname. The company is owned by shareholders, and the company's shares are not registered to certain owners, so that they may be traded on the public stock market.
Hypothesis: Naamloze vennootschap is a law in South America.