PLC
n. countablen. Stands for public limited company. A large company in the UK whose shares can be bought and sold by the public. You see these letters after a company's name to show this.
n. Abbreviation for public limited company. A public limited company incorporated under UK company law, which is permitted to offer shares for sale to the general public. The abbreviation is typically appended to the corporate name and requires a minimum share capital.
The small family business eventually grew into a major PLC.
After the successful initial public offering, the firm changed its legal status from a private company to a PLC.
Investors often prefer the transparency requirements of a PLC, as these entities must publish detailed annual reports and adhere to stricter regulatory oversight than private limited companies.
Typically used as a post-nominal abbreviation in corporate titles; often written without periods in modern British English.
The PLC companyThe PLCThe 'C' in PLC stands for 'company', so adding the word 'company' after the abbreviation is redundant.