"Inc" is short for "Incorporated," a term used to describe a business structure that is legally recognized as a separate entity from its owners. This means that the company can own property, enter contracts, and be liable for debts independently of its shareholders. Incorporation provides limited liability protection, which helps shield personal assets from business liabilities. Incorporated businesses can take various forms, such as C corporations, S corporations, or limited liability companies (LLCs). Each type has its own tax implications and regulatory requirements. Many companies choose to incorporate to enhance credibility, attract investors, and facilitate growth.