Definitions for "LIFO"
Keywords:  fifo, inventory, queue, last, valuation
Last In First Out. A method of valuing inventory in which the items acquired last are treated as the ones sold first.
See Last In First Out. See Liner In Free Out.
liner in free out. Transport condition indicating that the freight rate includes the sea carriage as well as the cost of loading, provided the latter is the custom of a particular port. LIFO excludes the cost for discharging.
Keywords:  margin, net, interest
net net interest margin
Keywords:  reverse, memory, read, written, order
A memory device in which data is read out in the reverse order to which it was written in.