Public Limited Company
/ˈpʌblɪk ˈlɪmɪtɪd ˈkʌmpəni/
Definitions
- (n.) A type of company whose shares can be freely sold and traded to the public, typically subject to specific regulatory requirements.
The Public Limited Company must disclose its financial statements to maintain transparency with shareholders.
Forms
- public limited company
- public limited companies
Related terms
See also
Commentary
In drafting, distinguish 'public limited company' from private variants by its ability to offer shares publicly and regulatory oversight.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.