LIFO (redirected from Last in, first out)

LIFO  (lf)

n.

See last-in, first-out.

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LIFO [ˈlaɪfəʊ]

acronym for

(Economics, Accounting & Finance / Accounting & Book-keeping) last in, first out (as an accounting principle in sorting stock) Compare FIFO

Thesaurus

Noun

1.

LIFO - inventory accounting in which the most recently acquired items are assumed to be the first sold last in first out inventory accounting - accounting that controls and evaluates inventory

Translations

LIFO [ˈlaɪfəʊ] ABBR =last in, first out → UEPS

LIFO [ˈlaɪfəʊ] n abbr =last in first out → lifo m inv

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LIFO [ˈlaɪfəʊ] n abbr =last in first out → lifo m inv