What is the full form of AMC
What is the full form of AMC
(1) AMC: Annual Maintenance Contract
AMC stands for Annual Maintenance Contract. AMC is a contract between the owner of a certain device and a maintenance company whereby the company is given charge of the maintenance of the device throughout the year and the contract is subject to yearly renewal.
An AMC can last from 1 to 3 years as agreed to by the parties. You can extend the term if you want to continue the service. Typically, AMCs include service support; however, you can add a comprehensive maintenance contract (CMC) that will cover IT support and replacement as well.
AMCs are common across many industries: healthcare, IT, retail, etc. An AMC agreement to maintain property is a general concept that can be applied to many needs. And most AMCs and CMCs contain similar provisions across all industries
(2) AMC: American Motors Corporation
American Motors Corporation (AMC- sometimes referred to as American Motors) was an American automobile manufacturing company formed by he merger of Nash-Kelvinator Corporation and Hudson Motor Car Company on May 1, 1954. At the time, it was the largest corporate merger in U.S. history.
AMC’s production line included small cars: the Rambler American which began as the Nash Rambler in 1950, Hornet, Gremlin and Pacer; intermediate and full-size cars, including the Ambassador, Rebel, and Matador; muscle cars including the Marlin, AMX and Javelin; and early four-wheel-drive variants of the Eagle, the first true crossover in the U.S. market.