Public limited company,
Definition of Public limited company:
(In the UK) A company registered under the Companies Act (1980) in which the minimum capital requirements and shares are offered to the public in terms of limited liability.
A company whose securities are traded on the stock exchange and anyone can buy and sell. State-owned companies are strictly regulated and required by law to publish their true and complete financial position so that investors can determine the true value of their shares (shares). Also known as a joint stock company. Corporation and its acronym PLC are commonly used in the UK in the same way that corporations and incorporations are used in the United States.
How to use Public limited company in a sentence?
- You must be the sole director of a limited liability company in Ireland.
Meaning of Public limited company & Public limited company Definition