LIFO

[lahy-foh]

Phonetic (Standard)IPA

noun

last-in, first-out.
Computers.��a data storage and retrieval technique, usually implemented using a queue, in which the last item stored is the first item retrieved.

LIFO

/ ˈ��ɪ��əʊ /

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Origin of LIFO¹

l(ast) i(n,) f(irst) o(ut)

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Examples have not been reviewed.

Rite Aid’s quarterly net loss improved mainly due to a “last-in-first-out,” or LIFO, inventory credit of more than $12 million this year.

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The opposite of LIFO, taking a reverse chronological approach means dealing with the oldest emails first.

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Its cost exceeds even such boondoggles as LIFO, which allows oil companies to report artificial inventory profits.

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That rule is known as “last in, first out,” or LIFO.

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"LIFO has to be repealed," to generate revenue for the revamp effort, a senior Republican staff member working on the tax overhaul said.

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