Sole trader, partnership, limited company and investigating what's right for you

专营商，合资公司，或者是有限公司，找到适合你的，

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If you buy stock in a company the most you can lose is the money you put up, so that's called limited liability.

如果你买了一个公司的股票,你最多只会赔掉投进去的钱,所以这叫做有限责任

耶鲁公开课 - 金融市场课程节选

Now, if you are a private company, you are limited to where you can sell your investments.

如果你的公司是私募性质,在推销投资产品方面会面临许多限制

耶鲁公开课 - 金融市场课程节选