LIFO Business & Finance Abbreviation

LIFO has various meanings in the Business & Finance category. Discover the full forms, definitions, and usage contexts of LIFO in Business & Finance.

Last In, First Out

Most Common

A method of determining the cost of inventory used in a product. In this method, the costs of material are transferred to the product in reverse chronological order. LIFO is used to describe the movement of goods.

Business & Finance
Last-In-First-Out Inventory Method
Business & Finance

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