Public limited company (PLC) - Financial definition
Concise definition of the term public limited company
A public limited company (PLC) is a type of public, limited liability company in the United Kingdom, some Commonwealth countries, and the Republic of Ireland.
Comprehensive definition of the term public limited company
The shares of a PLC may be freely sold and traded to the public, with a minimum share capital of 50,000 GBP and usually with the letters PLC after its name.