The term Plc (Public Limited Company) implies that the company's shares are available for the public to buy and sell on the stock exchange. This means that the ownership of the company is not restricted to a small group of people but can be shared among many investors. As a result, the company can raise capital easily by selling shares to the public, and the shareholders can buy and sell the shares as they please. This provides a source of liquidity for the shareholders and enables the company to access funds from the public.