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public limited company

Line breaks: pub¦lic limit¦ed com|pany

Definition of public limited company in English:

noun

(In the UK) a company registered under the Companies Act (1980), with statutory minimum capital requirements and shares offered to the public subject to conditions of limited liability.
Example sentences
  • He must be the only chief executive of a public limited company in Ireland to sit in open plan space.
  • Under the rules of free-market capitalism and public limited companies, Glazer simply cannot be stopped.
  • In case of public limited companies, shareholders, who are counted as actual owners of the enterprises, also add to the list of losers.

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