The BP in BP gas stations stands for British Petroleum. The company's history dates back to 1921, although its name has changed its multiple times along the way.Know More
After acquiring Amoco in 1998, the company changed its name to BP Amoco. Prior to the acquisition, the company was widely known as British Petroleum Company Limited.
The company was involved in the 2010 oil spill in the Gulf of Mexico. Almost five million barrels escaped into the ocean, making it the largest spill in history. BP paid billions of dollars in fines and damages. The company also plead guilty to 14 criminal charges.Learn More
The name "Costco" doesn't stand for anything, though for several years a rumor has been spread online that says it stands for "China Off Shore Trading Company." That rumor has been debunked several times.Full Answer >
IBM is the acronym for the International Business Machines Corporation. IBM is a 103-year-old American corporation that produces and sells software and hardware. It also provides information technology consulting services.Full Answer >
LLC stands for "limited liability company," which is one of four business organizational structures in the United States. In this business structure, owners are protected from personal liability for company actions and debt similar to a corporation.Full Answer >
USAA stands for United States Automobile Association. Originally offering only car insurance, the company now offers competitive financial products and services to members of the U.S. Military and their families. As of 2014, some investment products and services are also available to the general public.Full Answer >