Financial Definition of Lifo (Last-In-First-Out)
Meaning of Lifo (Last-In-First-Out)
The last-in-first-out inventory valuation methodology. A method of valuing inventory that uses the cost of the most recent item in inventory first.
Related Entries of Lifo (Last-In-First-Out) in the Encyclopedia of Law Project
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Lifo (Last-In-First-Out) in Historical Law
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Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Lifo (Last-In-First-Out) in the Legal Abbreviations and Acronyms Dictionary.
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| Lifo (Last-In-First-Out) in the Dictionary | Lifo (Last-In-First-Out) in our legal dictionaries |
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| Browse the Legal Thesaurus | Find synonyms and related words of Lifo (Last-In-First-Out) |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
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| Related topics | Lifo (Last-In-First-Out) in the World Encyclopedia of Law |
What is Lifo (Last-In-First-Out)?
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