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 ?
The robot libraries are called up in the IEC 61131 integrated motion/logic program environment, in which motion control and sequential logic are performed in a single program on a single processor for maximum performance.