plc (Public Limited Company)
public limited liability company in Britain
PLC
Public limited company
== The initials PLC after a
UK or
Irish company name indicate that it is a public limited company, a type of
limited company whose
shares may be offered for sale to the public.(The equivalent term in the United States is
Public company)''The designation plc, Plc or PLC (any form is acceptable) was introduced in the UK by the Companies Act
1980, and in the Republic of Ireland by the Companies (Amendment) Act
1983. In the Republic of Ireland, the initials "CPT" (for the
Irish cuideachta phoiblí theoranta) may be used instead, but this is rarely the case - as of 2007, two public limited companies are registered with Irish language suffixes, with one bilingually, notably miss spelt. Welsh companies may use the letters CCC (for cwmni cyfyngedig cyhoeddus) in similar fashion. Certain public limited companies incorporated under special legislation (mainly
nationalised concerns) are exempt from carrying the letters PLC, CCC, or CPT.
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PLC
(c) Copyright 1993 by Denis Howe
PLC
abbrev. Product Life Cycle
Product Life Cycle (PLC)
the different stages through which a product develops over time. It covers development, growth, maturity and decline. The stage a product has reached in its life cycle will affect, competition, sales, cost and profits and the marketing mix decisions which should be taken.
Public Liability Company (PLC)
a company whose shares can be bought and sold on the stock exchange.