Meanings
- abbreviationacronymnot comparableaccountingAcronym of last in first out.
Synonyms & antonyms
nouninventory accounting in which the most recently acquired items are assumed to be the first sold
Synonym sets from Open English WordNet, CC BY 4.0.
Rhymes & wordplay
Anagrams
Cite this entry
LIFO. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/LIFO
“LIFO.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/LIFO. Accessed November 3, 2026.
WatkinsX Dictionary, s.v. “LIFO,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/LIFO.
Source: LIFO on Wiktionary, CC BY-SA 4.0.