Definitions of last-in, first-out [ˈlæstˌbɔrn, ˈlɑst-]

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Definition of 'last-in, first-out'

Random House Webster's College Dictionary

1. (n.) last-in, first-out
a method of handling inventory costs at the price of the earliest items, assuming that items purchased last will be sold first.

Etymology: (1935–40)

'last-in, first-out' - Nearby Entries
lashkar laski lassen peak last-in, first-out lastborn lat. laten

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