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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Plc (public limited company)

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson


Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
If just one production line goes down because a PLC has fallen over due to poor software version control, the plant is faced with downtime costs of around 1000 [pounds sterling] per minute.
Since the creation of the PLC in 1969, factories have become better connected as different components link to one another and to the internet.
Depending on PLC model, often a host of specialty modules are available for fast counting, network interface, motion control and other options.
Adding Ethernet connectivity at this level means that FX3S is not just a PLC but should also be considered an intelligent data logger or even distributed I/0.
By some estimates, PLCs account for more than 90% of the control systems at work in industrialized settings today.
They also have diamond slide gates and Allen-Bradley PLC with touchscreen.
Programmable logic controllers (PLCs) will represent the first collaboration between Toyoda Machine Works Ltd.