it stands for close quarter combat.
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By getting to Leiutenant Colonel rank you unlock the CQC shouloders to buy in the Armory.
First kill kim. when he's on the ground, take out your syringe and stand next to his head. When he gets up, CQC him, then press triangle. Then Raiden will kill him for you :)
Courage means to stand strong.
A vertical stand is available for the PS3
In final stand you keep your weapon you were holding and eventually you can get up if you don't get shot. In last stand you pull out an M9 pistol and after about 15-20 seconds you automatically die. :P