Definition of public limited company in English:

public limited company

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.

    • ‘In case of public limited companies, shareholders, who are counted as actual owners of the enterprises, also add to the list of losers.’
    • ‘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.’
    • ‘Hopefully by the end of the year we will be established as a public limited company.’
    • ‘Its long-held image of benevolent inefficiency has dogged it ever since it was incorporated into a public limited company.’

Pronunciation:

public limited company

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