Protected Cell Company - PCC Law and Legal Definition

Protected Cell Company (PCC) means a single legal entity that operates through separate accounts, or cells, each of which is legally protected from the liabilities of the company's other accounts. In the case of an individual client's account, it is insulated from the gains and losses of other accounts, and thus the Protected Cell Company sponsor and each client are protected against liquidation activities by creditors in the event of insolvency of another client.