Last-in, First-out An inventory method that assumes that the stock acquired most recently is sold first
The last-in, first-out accounting method of valuing a company's inventory It assumes that the most recent additions to inventory are the first ones to be sold and values them at current market prices
Last-InFirst Out An accounting method for valuing the cost of goods sold that uses the cost of the last item in inventory first For mutual funds, this applies to the last shares purchased
Last-in-first-out A queueing technique in which the last item added to the queue is the first one to be retrieved
An acronym (last-in, first-out) for the cost flow assumption that assigns the cost of the last unit purchased by the company to the first unit sold
"Last in, first out " An inventory valuation approach in which the cost of the latest inventory purchases is charged against current sales The opposite is FIFO, or "first in, first out "
Last in First Out A queuing scheme whereby the most recent element to be entered is acted on first Contrast with FIFO
A queueing technique where the last entry to the queue is the first to be removed
Last in, first out Refers to a method of keeping inventory records for accounting purposes where the last item purchased for inventory is the first item used (G)
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
The last-in, first-out (LIFO) method of valuing inventories It assumes that last-acquired inventories (and their cost) were used first in production and first-acquired inventories are being held for future use Inventories information, where applicable, is provided in Items 10 and 11 of the census form
Last-in, first-out, an inventory system that uses the price of the most recently acquired items first Limit order - An order made by a client to a broker to buy or sell shares at a specified price or better
Last in, first out A method of calculating inventory where the cost of goods sold is the most recently acquired units and the ending inventory is computed from the costs of the oldest units
Last in, first out method of inventory assumes that the last goods received are sold first (p 530; 532)
-last-in first-out In warehousing, LIFO describes the method for using the newest inventory first (I've never seen an operation that uses this) In accounting it's a term used to describe an inventory costing method See also FIFO
An inventory cost flow whereby the last goods purchased are assumed to be the first goods sold so that the ending inventory consists of the first goods purchased
Last-in, first-out (see also FIFO) Used to value the cost of inventory LIFO is more conservative than FIFO and lowers earnings by raising the cost of sales