Determine if the sentence is true based on the text below:
NV or N.V. are often used, although not exactly the correct abbreviation of Naamloze vennootschap. 

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.
Yes