ELI5: Explain Like I'm 5

Société à responsabilité limitée

A société à responsabilité limitée is a type of company in France where the people who own it are only responsible for a certain amount of money if things go wrong.

It's like if you had a lemonade stand and you put $20 of your own money into the stand, but then someone spilled the lemonade and you had to pay $30 to fix everything. If it was a société à responsabilité limitée lemonade stand, you would only be responsible for the $20 you put in, and not the extra $10.

This is good because it means you don't have to worry about losing all your money if something bad happens, but it also means you might not be able to get as much money as you want from other people who might want to invest in your company.