Invertext Online Technical Dictionary

public limited company


sociedad anónima

Definition 1

UK company registered under the Companies Act. [...] Such companies can offer shares to the public with limited liability. The rules governing public companies are stricter than those for private companies. Abbreviation: PLC or plc.

Source: Invertext, from the Oxford Dictionary of Economics

Context: The conventional wisdom was that any form of business organisation other than the public limited company was an anomaly.

Source: Financial Times 24/01/2011 (letter to the editor from Tony Golding)

Appears in the following subjects

Stock Markets