public (adjective, pub-lic, /ˈpʌblɪk/) limited (adjective, lim-it-ed, /ˈlɪmɪt̬ɪd/) company (noun, com-pa-ny, /ˈkʌmpəni/)
Definition: is a company that allows its securities (shares, warrants, stocks, debentures, etc.) to be bought and sold by any person. Being commonly abbreviated as PLC, such companies have limited liability and offer their shares to the general public. They are strictly managed and well-regulated. Public limited companies are required to openly publish their true and full financial state and position so that potential investors are able to figure out the true value of the stocks. Being a shareholder of a public limited company secures you in a way and allows you to lose only the amount you have invested. Such a business organization is highly prevalent in the United Kingdom.
In a Sentence:
- Our organization is one of the biggest London’s public limited companies. We have more shareholders than our competitors.
- Being a part of a public limited company, we can attract more and more new investors since we wish to raise our capital.
- Trying to form a brand new public limited company requires the same amount of people as any other business, actually.
Synonyms and related terms: publicly held company, public corporation, limited liability, board of directors, transferable shares, financial privacy
