Lifo
nounid
81518·updated May 18, 2026verified
inventory accounting in which the most recently acquired items are assumed to be the first sold
Classifications
Entity Type
Unknown—glossary_import_default_pending_classifier
Sensitivity
unclassified
Information Class
unclassified
Variants
- synonym
- last in first out
- plural
- Lifos
- possessive
- Lifo's
- pluralpossessive
- Lifos'
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.