public limited company

= plc
A company registered under the Companies Act as a public company. Its name must end with the initials ‘plc’ (or its Welsh equivalent, c.c.c.). It must have an authorized share capital of at least £50,000, of which at least £12,500 must be paid up. The company's memorandum must comply with the format in Table F of the Companies Regulations (1985). It may offer shares and securities to the public. The regulation of such companies is stricter than that of private companies. Most public companies are converted from private companies, under the re-registration procedure in the Companies Act.

Accounting dictionary. 2014.

Look at other dictionaries:

  • 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 — ( 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 — See public company; company Collins dictionary of law. W. J. Stewart. 2001. public limited company …   Law dictionary

  • 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 — ► NOUN ▪ (in the UK) a company with shares offered to the public subject to conditions of limited liability …   English terms 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

  • public limited company — noun count in the U.K., a company in which people can invest their money. It has plc at the end of its name …   Usage of the words and phrases in modern English

  • 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 — 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

  • 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

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