LAST-IN-FIRST-OUT (L.I.F.O.)


Meaning of LAST-IN-FIRST-OUT (L.I.F.O.) in English

A method of valuing inventory that uses the cost of the most recent item in inventory first. Related: F.I.F.O.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.