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LIFOSee: Last in, first outLIFO Similar MatchesLehman Brothers California Municipal Bond IndexLehman Brothers California Municipal Bond IndexA benchmark index that includes investment-grade, tax-exempt, and fixed-rate bonds issued in California. All securities have long-term maturities (greater than two years) and are selected from issues larger than $50 million. C Califomia Land Title Association (CLTA)C Califomia Land Title Association (CLTA)A statewide association of tide insurers and underwritten title companies. The association adopts standard title policy forms. Last in, first out (LIFO)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. |
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