Public Limited Company
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF002
| Property | Value |
|---|---|
| A technical identifier, unique in a certain context. Technical key | LF002
|
| Language-specific name. Monolingual name | Public Limited Company (en) |
| Language-specific short name. Monolingual short name | Pub.Ltd.Co. (en) |
| Informal and comprehensive human-readable definition of a concept. Description | A public limited company is a type of corporate structure where shares can be sold to the public, often through a stock exchange. PLCs have limited liability, meaning shareholders' financial responsibility is confined to their investment. They're subject to specific regulatory requirements, including minimum capital levels. |