LAST-IN FIRST-OUT


Meaning of LAST-IN FIRST-OUT in English

adjective Date: 1934 of, relating to, or being a method of inventory accounting that values stock on hand according to costs at the time of acquisition and not according to the cost of replacement

Merriam Webster. Explanatory English dictionary Merriam Webster.      Толковый словарь английского языка Мерриам-Уэбстер.