Plc


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PLC

Project Loan Security

A mortgage-backed security issued by Ginnie Mae on mortgages for larger properties. As with all mortgage-backed securities, the coupons on guaranteed mortgage securities are paid out of the principal and interest on a pool of mortgages underlying the securities. Project loan securities are issued on mortgages on multi-family homes or large construction projects.

Public Limited Company

A primarily British term for a publicly-traded company. The term derives from the facts that the company issues shares that may be bought and sold by the general public and all shareholders have limited liability.

Plc (public limited company)

see JOINT STOCK COMPANY.

Plc

see JOINT-STOCK COMPANY, LIMITED LIABILITY.
References in periodicals archive ?
Features: Electric heating, PLC controls, closed-loop pressure control.
Features: Electric heat, PLC controls, closed-loop pressure control.
Options: PLC controls, cooling, stainless-steel platens, high-temperature heating (up to 1000 F).
To satisfy both camps, most of the conventional PLC vendors provide soft PLCs.
However, adds Nesi, "we also like to position it as a good deal more than just a PLC.
The converse is also true: The soft PLC vendors are offering "hard" PLCs.
On the other hand, Motan's Thiele joins other vendors of central PLC systems--including Process Control Corp.
When you do that with a hardwired system, you would have to run conduit back to the central PLC.
That doesn't mean that central PLC systems are not expandable.