This means limited companies can assume business liabilities without personal threat to owners’ assets like houses or investments. The company exists as a distinct body based on incorporation ...

A limited purpose trust company is a trust company that has been chartered by the state to perform specific trust functions. These functions can include acting as a depositor or safe keeper for ...

Commissions do not affect our editors' opinions or evaluations. An LLC, or limited liability company, provides business operators the protections usually only afforded to corporations and the ...

Once incorporated as a public limited company, this doesn’t mean its shares will all of a sudden be widely and easily available to purchase. For that to happen, a PLC would need to list on the ...

A company which may have an unlimited number of shareholders and offer its shares to the wider public (unlike a limited company). The company must have a minimum share value of £55,000.

A PLC refers to a company that has offered shares of stock to the general public. Shareholders in a PLC benefit from having limited liability, meaning their financial risk is limited to the amount ...