Business terms and jargon explained. Your business dictionary

What is Lifo

Is the abbreviation for "Last in first out". This is a stock processing and valuation method where the last stock that comes in is the first stock that is sent out

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Standard terms and conditions Credit Sale Single Market T-account
Supply VAT Aggregate holding company N210 Civil Court form Gaap
Womb to Tomb Bullionism Business Objects Negative equity
Krone Accounts payable Core Competences Medium of exchange
Privilege Expert witness Value billing Exchange rate risk
Executrix-nominate Witness N213 Civil Court form Hidden Economy
KMC Backpay Assumption Credit Institution
Cost per Thousand APR Default risk CMO
Nanotechnology Admission of evidence Act of God Intestate
Cheque Clearing Pro hac vice Over the Counter Installment

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Term created / updated 2006-10-09 13:20:35

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