Definitions for last in first out
This page provides all possible meanings and translations of the word last in first out
last in first out, LIFO(noun)
inventory accounting in which the most recently acquired items are assumed to be the first sold
last in first out(Adjective)
Of or pertaining to any situation where the last to arrive is the first to go.
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"last in first out." Definitions.net. STANDS4 LLC, 2014. Web. 23 Oct. 2014. <http://www.definitions.net/definition/last in first out>.