Word info Synonyms Antonyms

LIFO

Speech parts

1. LIFO - Noun

2. LIFO - Adjective

Meaning

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

Source: WordNet

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Examples

Again, LIFO ordering means that "H" is now the top of the stack and will be the first printed, "e" is second, and so on. Source: Internet

Both monotonic and bitonic (alternating up/down) runs may be exploited, with lists (or equivalently tapes or files) being convenient data structures (used as FIFO queues or LIFO stacks ). Source: Internet

Fourth quarter results also include a small non-cash expense from elimination of profit and inventory and LIFO, compared with an income from this item in the third quarter. Source: Internet

Transition from FIFO (First In, First Out) to LIFO (Last In, First Out) inventory management practice when stocking short-dated pharmaceuticals. Source: Internet

For example, an organization can select the type of inventory accounting— FIFO or LIFO —to use; whether to recognize revenue by geographical unit, product line, or distribution channel; and whether to pay for shipping costs on customer returns. Source: Internet

These are then popped from the stack in LIFO order and output as text characters to give "Hello". Source: Internet

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