Public Limited Company

C.C.C. - Cwmni Cyfyngedig Cyhoeddus
C.C.C. stands for 'Cwmni Cyfyngedig Cyhoeddus,' which is the Welsh equivalent of a Public Limited Company (plc) in English. It refers to a type of company in Wales that is permitted to offer its shares to the public.
Company
A company is a corporate enterprise that has a legal identity separate from that of its members; it operates as a single unit in which all members participate. Companies can have limited or unlimited liability and may be registered or unregistered.
Ineligible Group
An ineligible group consists of companies that cannot qualify for specific filing exemptions due to the presence of a non-qualifying member, such as a public limited company or a bank.
Medium-Sized Company
A medium-sized company must meet specific criteria to qualify for certain filing exemptions, making the preparation of financial statements crucial. Companies that are public, banking, or insurance firms, or fall under certain categories cannot claim these exemptions.
Public Limited Company (c.c.c.)
A Public Limited Company, abbreviated as PLC or (c.c.c.) in Welsh, is a type of company whose shares are traded freely on a stock exchange and can be bought by the general public. These companies adhere to more complex regulations and scrutiny to ensure transparency and protect investors.
Public Limited Company (PLC)
A public limited company (PLC) is a type of company under UK, Indian, and certain Commonwealth countries' law which is publicly traded and operates with limited liability.
Public Limited Company (PLC)
A company registered under the Companies Act as a public company, authorized to offer shares and securities to the public. A PLC has stricter regulatory requirements compared to private companies.
SPA (Società per Azioni)
Società per Azioni (SPA) is the Italian term for a corporation. It is a common legal form for medium and large enterprises in Italy, similar to a public limited company in other jurisdictions.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.