Société

A “Société” is a French term that translates to “society” or “company” in English, and it refers to a legal entity formed by a group of individuals to pursue a shared purpose or engage in commercial activities. In a business context, it typically denotes a partnership or corporation that has been established under the laws of a specific jurisdiction. A société can take various forms, including societies with limited liability (société à responsabilité limitée, or SARL) and joint-stock companies (société anonyme, or SA). Each type of société has different legal implications, organizational structures, and levels of liability for its members. In a broader sociological context, the term can also refer to a community of individuals who share cultural, social, or economic ties.