incorporated

  1. Adjective.  (US English) A type of company, a legal entity where the ownership has been arranged into shares. A shareholder has no responsibilities to the company and the potential losses of the shareholder are limited to the value of the stock turning to zero in the case of a bankruptcy.
  2. Verb.  (past of, incorporate) .

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This entry was last updated on RefTopia from its source on 3/20/2012.