lifo

• Аббревиатура, используемая в бухгалтерском учёте запасов, обозначающая метод, при котором предполагается, что последние поступившие товары продаются первыми.

An acronym used in inventory accounting, referring to a method where the most recently acquired items are assumed to be the first sold.

uncountable · proper noun

1. Last In, First OutC1formalbusiness

   An inventory accounting method where the most recently acquired items are assumed to be the first sold or used.

   Последним пришёл — первым ушёл

   • The company uses LIFO to value its inventory for tax purposes.
   • Under LIFO, the cost of goods sold reflects the most recent purchase prices.
   • Switching from FIFO to LIFO can reduce taxable income during periods of inflation.

   Synonymslast in first out

   Antonymsfifo