public limited company in the Companies topic by Longman Dictionary of Contemporary English | LDOCE | What you need to know about Companies: words, phrases and expressions | Companies
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Public company definition - What does Public company mean? A public company is a company owned by the public. There are two uses of this term. A company that is owned by stockholders who are members of the general public and traded publicly. Ownership is
Related to limited company:Public limited company,Private limited company,Unlimited company limited company n.Abbr.Ltd. A British or Canadian company in which the liability of shareholders is limited to the amount of their investment. American Heritage® Dictionary of the English Language, Fifth Edit...
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(alsolimited liability company) (in the UK) a private company whose owners only have to pay its debts up to the amount they invested in the companysee alsoLtd,private limited company,public limited company Want to learn more? Find out which words work together and produce more natural-so...
Share transfer: Shares of a public limited company are freely transferable by the shareholders. As against, a private limited company has some restrictions on the transfer of shares. Maintenance of Account books: A company has to prepare and keep books of accounts and necessary documents, for eac...
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A limited company (LC) is a general form of incorporation that limits the amount ofliabilityundertaken by the company's shareholders. It refers to a legal structure that ensures that the liability of company members or subscribers is limited to their stake in thecompanyby way of investments or ...
What Is a Public Company? A public company is acorporationwhose shareholders have a claim to part of the company's assets and profits. It's also called a publicly traded company. This type of company is called apublic limited company (PLC)in the United Kingdom. ...