Public Limited Company - PLC
- Public Limited Company - PLC
- The standard legal designation of a company which has offered shares to the general public and has limited liability. A Public Limited Company's stock can be acquired by anyone and holders are only limited to potentially lose the amount paid for the shares. It is a legal form more commonly used in the U.K. Two or more people are required to form such a company, assuming it has a lawful purpose.
A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital. Only Public Limited Companies may be listed on the London Stock Exchange and will have the suffix PLC on their ticker symbol. For example, British Petroleum has the ticker BP PLC.
Other requirements include: It must be registered as a public company, it must have at least £50.000 or ¬65,000 of authorized share capital.
Investment dictionary.
Academic.
2012.
Look at other dictionaries:
Public Limited Company — ( plc) A company which is registered as a public limited company, has an unlimited number of ordinary shareholders and can offer its shares to the public. Financial Services Glossary * * * public limited company public limited company ➔ company * … Financial and business terms
Public limited company — PLC (ou Ple, plc), abréviation de Public limited company, placé à la fin du nom d une entreprise irlandaise ou du Royaume Uni, indique une entreprise dont les parts ont été vendues par un appel public à l’épargne. Caractéristiques Les… … Wikipédia en Français
public limited company — See public company; company Collins dictionary of law. W. J. Stewart. 2001. public limited company … Law dictionary
Public Limited Company — Aktie der Barnum Bailey Limited Limited Company (deutsch: limited: beschränkt, hier: haftungsbeschränkt; company: Firma) wird im britischen Gesellschaftsrecht die nicht börsennotierte Aktiengesellschaft genannt. Die Limited Company ist in… … Deutsch Wikipedia
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public limited company — Also known as plc. Dresdner Kleinwort Wasserstein financial glossary A company which, by registering as a plc and adhering to strict legal requirements as a result, has the ability to issue shares to the public. Contrast this with a private… … Financial and business terms
Public limited company — A Public Limited Company ( PLC, p.l.c. or plc or p l c) is a type of limited company in the United Kingdom or the Republic of Ireland which is permitted to offer its shares to the public. The designation was introduced in the U.K. by the… … Wikipedia
public limited company — public company or public limited company noun A company whose shares can be offered for sale to the general public (abbrev plc) • • • Main Entry: ↑public public limited company see ↑public company above. • • • Main Entry: ↑public * * * public… … Useful english dictionary
public limited company — public limited companies N COUNT A public limited company is the same as a . The abbreviation plc is used after such companies names … English dictionary
public limited company — public .limited company n plc a British company owned by at least two people and whose ↑shares can be bought by everyone … Dictionary of contemporary English
