A public limited company is a public company in the United Kingdom. PLC is the equivalent of a U.S. publicly-traded company that carries the Inc. or corporation designation. The use of the PLC abbreviation after the name of a company is mandatory and communicates to investors and to anyone dealing with the company that it is a publicly-traded corporation. A PLC designates a company that has offered shares of stock to the general public. The buyers of those shares have limited liability therefore they cannot be held responsible for any business losses in excess of the amount they paid for the shares. U.K. company law says that a PLC must have the PLC designation after the company name and minimum share capital of £50,000. As a publicly-traded company in the U.S., PLCs offer various types of shares, such as ordinary and cumulative preference shares.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.

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