plc (C1)
noun
Pronunciation: p\u026a fected
Definition
A public limited company, a type of company in the UK and some other countries that is allowed to offer its shares to the public.
Examples
Many large corporations are registered as public limited companies (plcs) on the stock exchange.
Investors were keen to buy shares in the newly floated plc.
The plc must comply with strict regulations regarding financial reporting.
Synonyms of plc
Words with a similar meaning to plc:
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