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plc

Overview page. Subjects: Sport and Leisure — Financial Institutions and Services.

Abbreviation for public limited company. This (or its Welsh equivalent c.c.c.) must appear in the name of a UK public limited company. Compare Ltd.

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reserve clause

Overview page. Subjects: Sport and Leisure — Economics.

A euromarkets condition in a borrowing allowing the lender to pass on any unfavourable changes in reserve requirements as a cost to the borrower.

See overview in Oxford Index