LIFO meaning

UK US /ˈlifoʊ/ 2 syllables

LIFO (noun): inventory accounting in which the most recently acquired items are assumed to be the first sold.

Definition of LIFO

  1. inventory accounting in which the most recently acquired items are assumed to be the first sold

    Synonyms: last in first out

    Type of: inventory accounting

How to pronounce LIFO

LIFO is pronounced /ˈlifoʊ/ in American English. It has 2 syllables, with the stress on the first syllable.

Word lists: words starting with LI · words ending in FO · 4-letter words

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