Public leemitit company
A public leemitit company (Inglis: public limited company, legally abbreviatit tae plc) is a teep o public company (publicly held company) unner Unitit Kinrick company law, some Commonweel jurisdictions, an the Republic o Ireland. It is a leemitit (liability) company whase shares mey be freely sauld an tradit tae the public (althou a plc mey an aa be privately held, eften bi anither plc), wi a minimum share caipital o £50,000 an the letters PLC efter its name. Seemilar companies in the Unitit States are cried publicly tradit companies.
- Longman Business English Dictionary