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Thesaurus: LIFO

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

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Related headwords

accountingdefinitionacquireddefinitionassumeddefinitionfirstdefinitioninventorydefinitionitemsdefinitionrecentlydefinitionsolddefinitionlifespringneighborlifestringneighborlifestyleneighborlifestylersneighborlifestylesneighborlifetimeneighborlifetimesneighborlifeworkneighborLifineighborliflodeneighborliftneighborlift bridgeneighborlift capacityneighborlift offneighborlift outneighborlift pumpneighborlift upneighborlift-shaftsneighborliftableneighborliftedneighbor

Definitions

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