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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 ?
"Programmable Logic controllers are found in thousands of industrial applications.
The laboratory platform offers two types of system controllers: microcontrollers and programmable logic controllers. The end user may use any number of the two mentioned controller types.
Also featured is the SINUMERIK 802D solution line CNC, an operator panel-based control system that combines the numerical control, the programmable logic controller, and the human machine interface in a single unit.
Machines are equipped with a state-of-the-art PLC (programmable logic controller) for optimal process control, according to the literature.
The SCADAPack2 is described as representing a quantum leap in programmable logic controller performance and flexibility.
Other options include high-temperature CPVC construction, PVDF pumps, Viton elastomers, a programmable logic controller and units that are fully automated.
Intuitive and cost effective, the system features a powerful industrial human machine interface and programmable logic controller (HMI-PLC) multi-touch panel for operator interface automation and control applications.
Those customers who have a programmable logic controller (PLC) unit that operates sinking current can now get the new BD and BE modules from Fortress that interface with the sourcing PLC input cards and operates with all standard eGard core modules.
With a programmable logic controller, the MLX can be programmed to respond to inputs and can control automated equipment.

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