- Brit.a company that has more than 50 shareholders and whose shares are offered for public subscription. Cf. private company.
* * *ˌpublic ˈcompany [public company] (also ˌpublic ˌlimited ˈcompany) (both BrE) (NAmE ˌpublic corpoˈration) noun (abbr. plc, PLC)a company that sells shares in itself to the public
Useful english dictionary. 2012.
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public company — UK / US noun [countable] Word forms public company : singular public company plural public companies business a company whose shares you can buy on the stock exchange … English dictionary