|
|
Last in, first out (LIFO) |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
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.Last in, first out (LIFO) Similar MatchesFirst bestFirst bestSee second best. First degree homogeneousFirst degree homogeneousHomogeneous of degree 1. First call dateFirst call dateA date stated in an indenture, that is the first date on which the issuer may redeem a bond either partially or completely. First Refusal RightFirst Refusal RightA right, usually given by an owner to a lessee, which gives the lessee a first chance to buy the property if the owner decides to sell. The owner must have a legitimate offer which the lessee can match or refuse. It the lessee refuses, the property can then be sold to the offeror. Perfected first lienPerfected first lienA first attachment on an asset that is duly recorded with the relevant government body so that the lender will be able to act on it should the borrower default. Further SuggestionsRight of first refusalfirst closing date First preferred stock First order condition First mover advantage First market First charge First theorem of welfare economics first notice day First In, First Out (FIFO) First mortgage First mortgage First Mortgage First time buyer First pass regression first death insurance first mortgage First User First call |
|
|
|