Public limited company (“PLC”)

A public limited company “plc”) is 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 Limited Company, which is not permitted to issue shares to the public. A public limited company should not be confused with a Listed Company. A listed company is a public limited company which has obtained a listing from the UK Listing Authority and not all public limited companies do this.

 

reference: Business Studies / Accounting. Accounts & Finance Glossary. Jim Riley BA(Hons) MBA FCA // tutor2u

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