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Last in, first out (LIFO)

The financial definition for Last in, first out (LIFO):

An accounting method that fixes the cost of goods sold to the most recent purchases. Hence, if prices are generally rising, LIFO will lead to lower accounting profitability.

Similar Matches

First call

First call
With collateralized mortgage obligation (CMOs.), the start of the cash flow cycle for the cash flow window.

First call date

First call date
A date stated in an indenture, that is the first date on which the issuer may redeem a bond either partially or completely.

First In, First Out (FIFO)

First In, First Out (FIFO)
An accounting method for valuing the cost of goods sold that uses the cost of the oldest item in inventory first.

Further Suggestions

First market
First mortgage
First pass regression
First preferred stock
Perfected first lien
Right of first refusal

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