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
LAST-IN FIRST-OUT
Meaning of LAST-IN FIRST-OUT in English
Merriam Webster. Explanatory English dictionary Merriam Webster. Толковый словарь английского языка Мерриам-Уэбстер. 2012