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Definition of LIFO abbreviation from the Oxford Advanced Learner's Dictionary

LIFO

abbreviation
 
/ˈlaɪfəʊ/
 
/ˈlaɪfəʊ/
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  1. (finance or computing)
    last in, first out
    (a method of managing stock and costs or storing data)
    compare FIFO (2)
dressing
noun
 
 
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