Business GCSE
Public Limited Company (PLC)
What Public Limited Company (PLC) means in Business GCSE, as defined for OCR.
Definition of Public Limited Company (PLC)
A large incorporated business where shares can be bought and sold by anyone on the stock exchange.
Topics that use Public Limited Company (PLC)
- Business ownership (OCR GCSE)
Related terms
- Limited Liability
- Incorporation
- Initial Public Offering (IPO)
- Partnership
- Private Limited Company (Ltd)
- Sole Trader
- Unlimited Liability
Using Public Limited Company (PLC) in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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