PLC meaning in Business ?

Answer:

What is Personal Line of Credit mean?

A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A line of credit takes several forms, such as an overdraft limit, demand loan, special purpose, export packing credit, term loan, discounting, purchase of commercial bills, traditional revolving credit card account, etc. It is effectively a source of funds that can readily be tapped at the borrower's discretion. Interest is paid only on money actually withdrawn. Lines of credit can be secured by collateral, or may be unsecured.

Lines of credit are often extended by banks, financial institutions and other licensed consumer lenders to creditworthy customers (though certain special-purpose lines of credit may not have creditworthiness requirements) to address fluctuating cash flow needs of the customer. The maximum amount of funds a customer is allowed to draw from a line of credit is typically called the credit limit or overdraft limit. The term credit limit is commonly used for credit cards whereas the term overdraft limit is more commonly used for bank accounts.

reference

Full Form	Category
Programming Learning Center	Academic & Science
Passive Leakage Control	Academic & Science
Partial Likelihood of Complete	Academic & Science
Private Limited Company	Accounts and Finance
Planeta Rica	Airport Code
Printed Laminated Cover	Business
Public Liability Company	Business
Practical Law Company	Business
Product Life Cycle	Business
Public Limited Company's	Business
Post leaving Certificate	Business
Public Limited Company	Business
P L C Systems, Inc.	Business
Personalized, Localized, and Customized	Business
Politically Limited Competitiveness	Business
Patrol Leaders Council	Business
Personal Line of Credit	Business
Land Corporation	Business
Potentially Loyal Consumer	Business
Phospholipase-c	Chemistry
Penasquitos Lutheran Church	Community
Professional Learning Communities	Community
Professional Learning Communties	Community
Professional Learning Community	Community
Presidents Leadership Class	Community
Penn Linguistics Conference	Community
Patrol Leadership Committee	Community
Pathfinder Learning Center	Community
Prince Lucien Campbell	Community
Programmable Linear Controller	Computer Hardware
Physical Layer Controller	Computing
Packet Loss Concealment	Computing
Platform Lan Connect	Computing
Planar Linear Circuit	Computing
Programmable Lift Computer	Computing
Pluton Chain	Cryptocurrency
PLATINCOIN	Cryptocurrency
Pymble Ladies College	Educational Institute
Presbyterian Ladies College	Educational Institute
Power Line Communications	Electronics
Planar Lightwave Circuit	Electronics
Add-in File (functions - Macros - Applications) (lotus 1-2-3)	File Type
P-cad Database	File Type
Programmable Logic Controllers	General
Positive Living Centre	General
Price Loss Coverage	General
Programmale logic contoller	General
Program Logic Control	General
Programmable Logic Control	General
Positive Linear Combination	General
Progressive Loader Context	General
Probabilistic Latent Categorisation	General
Peace Love And Care	General
Platinum Ladeez Clique	General
Program Logic Controller	General
Programmable Logic Controls	General
Porgrammable Logic Controller	General
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Programmable Logical Controller	General
Progressive Life Center	General
Pensioners Leisure Club	General
Prefectural Level City	General
Power Line Conditioner	General
Pakistan Law Commission	General
Project Life Cycle	General
Prestige Luxury Car	General
Porte Laterale Coulissante	General
Performance Level Category	General
Personal Luxury Car	General
Personal Luxury Coupe	General
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Payload Commander	Governmental
Programmable Logic Controller	Information Technology
Peter Lougheed Centre	Medical
Patrol Leader Council	Military and Defence
Platoon Leaders Class	Military and Defence
Paragraph Line Character	Softwares
Power Line Carrier	Telecommunication