English Dictionary

LIFO

Pronunciation (US): Play  (GB): Play

IPA (US): 

 Dictionary entry overview: What does LIFO mean? 

LIFO (noun)
  The noun LIFO has 1 sense:

1. inventory accounting in which the most recently acquired items are assumed to be the first soldplay

  Familiarity information: LIFO used as a noun is very rare.


 Dictionary entry details 


LIFO (noun)


Sense 1

Meaning:

Inventory accounting in which the most recently acquired items are assumed to be the first sold

Classified under:

Nouns denoting acts or actions

Synonyms:

last in first out; LIFO

Hypernyms ("LIFO" is a kind of...):

inventory accounting (accounting that controls and evaluates inventory)


 Learn English with... Proverbs 
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