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What is a PLC company?

By Zippia Team - Nov. 16, 2022

A PLC (public limited company) is a company under United Kingdom law that offers shares of stock to the general public. This means that anyone with capital is able to invest in this company, and either gain money when it does well or has the potential to lose money if the market goes down.

PLC is the term used in the United Kingdom, some Commonwealth jurisdictions, and the Republic of Ireland. This concept is very similar to publicly traded companies (PTC) that exist in the United States. Both function with separate legal entities and allow the public to take part in funding the company's stocks.

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