Business Terms and Jargon Explained

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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PIN Above-board Cafeteria plan
Abort fee Cost Unit Productivity
Banana Problem Addendum Forex
Unearned income Work Permit PAYE
CIF Walking Possession Beneficial Owner
Colon - El Salv Firewall MoJ
Break up value Appraiser Crowding Out
OEIC Freelance Urlencode
T-account Voir Dire On Consignment
Chattels Zero rated Credit Scoring
Commute Floatation JASDAQ
Homogeneity Offshore funds Conditional discharge
Medium of exchange UN N9 Civil Court form

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

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