This is the 6340th most frequent Russian word.
физлиц
The Russian word "физлиц" refers to "individuals" or "natural persons."
In this sentence, 'физлиц' refers to private persons or individuals especially in the context of banking and finances.
Открытие нового банка привлекло внимание многих физлиц.
The opening of the new bank attracted the attention of many individuals.
Here, 'физлицам' is used to denote individuals as recipients of legal rights.
Этот закон предоставляет дополнительные права физлицам.
This law grants additional rights to individuals.
In this case, 'физлицам' refers to private citizens interacting with tax-related processes.