Société à responsabilité limitée
In France and other French-speaking countries, a société à responsabilité limitée (French pronunciation: [sɔsjete a ʁɛspɔ̃sabilite limite], abbreviated as SARL, S.à r.l. [ɛsaɛʁɛl] and roughly translatable in English as "private limited company") is a type of business corporation where the liability of the members does not extend beyond the capital already contributed.
Source: Wikipedia — Société à responsabilité limitée (CC BY-SA 4.0)