Home > Glossary > L > LIFO (Last In, First Out)
Illustration

LIFO (Last In, First Out)

A US-permitted inventory valuation method where the most recently acquired inventory is assumed to be sold first. LIFO is allowed under US GAAP but prohibited under IFRS.

More Items

Leveraged Buyout

A leveraged buyout is the acquisition of a company using significant borrowed funds, often secured by the target’s assets. Accounting…

Loss Ratio

Loss ratio measures the proportion of claims paid by an insurer relative to premiums earned. It evaluates underwriting performance and…

Listing Requirements

Listing requirements are financial and governance standards companies must meet to trade securities on a stock exchange. They often include…