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 ?
Previously, multiple complex robots and highly dynamic packaging machines could not be simultaneously controlled using an IEC 61131 based controller.
3S-Smart Software Solutions is the manufacturer of CODESYS, the leading hardware independent IEC 61131 development system and run-time software used in factory automation systems for system control, fieldbus connectivity (such as EtherCAT), motion control and safety.
This approach, however, follows IEC 61449 while our approach follows IEC 61131, and it is therefore inapplicable to our FBD programs.
Control software can be developed using IEC 61131 standard languages, or a proprietary Festo tool called FST4 which offers a very simple-to-learn ladder logic system, or a statement-based programming approach with high level commands such as IF, THEN and ELSE.