Incorporated Definition

ĭn-kôrpə-rātĭd
adjective
Combined into one body or unit; united.
Webster's New World
Organized as a legal corporation.
An incorporated town.
Webster's New World

(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.

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incorporated