Lifo

nounverified·updated May 18, 2026

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

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier
?unassignedlast reviewed

Sensitivity

unclassified

Information Class

unclassified

Variants

synonym
last in first out
plural
Lifos
possessive
Lifo's
pluralpossessive
Lifos'