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Acronyms & Abbreviations

What is Inc?


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May 03, 2010 6:14AM


INC stand for Incorporated.

This means a company is legally in business and their are specific stipulations in regards to protection of the owners,CEO and or board members. In a corporation, stockholders, directors and officers typically are not liable for their company's debts and obligations. They are limited in liability to the amount they have invested in the corporation.