DeTomaso Mailing List: July 2001, Message #198

S.p.A. is an abbreviation of "Società per Azioni", that is "Company with Stocks". I think it is called Corporation in American.

Cristiano Rossi
thpnma 02869


----- Original Message ----- 
From: <MikeLDrew@aol.com>
To: "Multiple recipients of list" <detomaso@realbig.com>
Sent: Friday, July 06, 2001 3:45 AM
Subject: Meaning of S.p.A.


> Hi guys,
> 
> Awhile back, somebody on this forum asked regarding the meaning of S.p.A., as 
> in De Tomaso Modena S.p.A.  While many of us theorized that it was something 
> akin to our "inc.", I decided to ask them directly.  Liz, De Tomaso's main 
> interpreter, gave a detailed reply.  Our conversation appears below....
> 
> Mike
> 
> ===
> 
> > What, literally, does S.p.A. stand for? 
> 
> S.p.a stands for Società per Azioni (literally Company per share).
> 
>  Lots of Americans talk about 
> > "DeTomaso Modena Spa", pronouncing Spa as one word.  Should it 
> instead be 
> > pronounced as the individual letters S,P,A? 
> 
> Yes, every letter should be read individually.
> 
> As far as I have been taught it means that every partner holds a part 
> of the total share of the company in terms of money, means and capital 
> in general. In Italy it is very common because in this way also 
> responsability is shared among the partners.
>  
> This is everything I know, I hope my explanation was helpful enough!
> 
> Whenever you have some doubts I am here!!
> 
> Ciao 
> 
> Liz
> 
>