INC Meaning and
Definition
-
Inc is an abbreviation for incorporated, used as a legal designation that indicates a company or organization is registered as a corporation. It is typically added to the end of a business name to indicate that it is a separate legal entity from its owners, providing limited liability protection for its shareholders.
Incorporation refers to the process of creating a corporation, which involves filing the necessary legal documents with the appropriate government agency and paying the required fees. Once incorporated, the business becomes a distinct legal entity, separate from its owners, with its own rights and liabilities. This means that the owners, or shareholders, of the corporation are not personally liable for the debts or actions of the company beyond their investment.
The use of "Inc" in a business name is common in the United States and other countries that follow a similar corporate structure. It is a clear indication to customers, suppliers, and other stakeholders that the business is registered as a corporation and should be treated as a separate legal entity. This can provide a level of credibility and professionalism for the company, and may also offer certain tax advantages and other benefits.
In summary, "Inc" is a suffix used after a business name to signify that it is a registered corporation, separate from its owners, providing limited liability protection.
Top Common Misspellings for INC *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for INC
Etymology of INC
The term "Inc" is an abbreviation for the word "Incorporated". The word "Incorporated" originates from Latin, specifically from the verb "incorporare", which means "to unite or combine into one body". It comes from the combination of the prefix "in" meaning "into" or "within" and the word "corpus" meaning "body". The term "Incorporated" is often used in the United States and Canada as a designation for a company that has been formed legally as a corporation. The abbreviation "Inc" is commonly used in the names of such companies.
Similar spelling words for INC
- inky,
- Inez,
- in,
- Ines,
- Innis,
- inks,
- -ing,
- INS,
- inca,
- inch,
- Innes,
- ind.,
- ink,
- inn,
- inga,
- nc,
- Inka,
- inge,
- Ince,
- -ic,
- Ing,
- in-,
- zinc,
- n.c..
Infographic
Add the infographic to your website:
