public limited company (PLC)


A UK company that issues shares of publicly traded stock. Companies organized as a PLC are highly regulated but their management has limited liability in their operation. The PLC designation is similar to the Inc. or LLC designation that follows the name of companies incorporated in the U.S.

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They were a public limited company and that meat a lot of different things for us and what we were doing.

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You may find that it is better to be a public limited company if you think that is whats best for your business.

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The broker assured John that he would only be risking his initial investment if he bought 1000 shares of ACME , a public limited company.

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