Last in First Out
nounid
81516·updated May 18, 2026verified
inventory accounting in which the most recently acquired items are assumed to be the first sold
MWE
Classifications
Entity Type
Unknown—glossary_import_default_pending_classifier
Sensitivity
unclassified
Information Class
unclassified
Variants
- synonym
- LIFO
- plural
- Last in First Outs
- possessive
- Last in First Out's
- pluralpossessive
- Last in First Outs'
Framework definitions
- §1
- inventory accounting in which the most recently acquired items are assumed to be the first sold
Outgoing relationships
No outgoing triples
This term is not the subject of any RDF-style relationship yet.
Incoming relationships
No incoming triples
No other term currently asserts a relationship to this one.