What Is the Meaning of Inc?


Inc is an abbreviation used in business to mean an incorporated legal establishment. This means that the ownership of the company is arranged in the form of shares where a share holder's responsibility is generally limited to the amount of shares that they hold with the company.
1 Additional Answer
The abbreviation INC refers to Incorporation which is the forming of a new corporation. The corporation may be a non-profit organization, a business, a sports club, or a government of a new city or town.
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