LIFO Management Abbreviation

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

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.

Management

Citation

Did You Mean?

Last updated:

More LIFO Definitions