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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Just in Time (JIT) N5 Civil Court form Retained earnings
N323 Civil Court form Crown copyright Workout
Payer Solvency Commission Agent
RAR In camera Best practice
Counsel Accepting house Adhocracy
Dumping Horizontal merger NGO
Forex Re Dissolution
Modus Operandi Cryptography Affiliate
Vertically integrated Decree Nisi Business Impact
Warranty of Authority Orse Agricultural property
Customer information order Faucet Pegging
Marketing Mix Free Trade UN
NVR Windfall Profit E-Zine

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

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