The term 'rc' in Unix-like systems stands for 'run commands', originating from the CTSS macro command processor RUNCOM. RUNCOM was created by Louis Pouzin in the 1960s and allowed users to execute a series of commands stored in a file. The concept of RUNCOM was later adopted in Unix, where 'rc' files are used to store startup information for commands. The 'rc' suffix is now commonly used in configuration files, such as .bashrc and .vimrc.