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LAST IN FIRST OUT

(noun)
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Definitions

There is 1 meaning of the phrase Last In First Out.

Last In First Out - as a noun

Inventory accounting in which the most recently acquired items are assumed to be the first sold

Synonyms (Exact Relations)
lifo

Example Sentences

"In a last in first out (LIFO) inventory system, the items purchased most recently are sold first."
"The stack data structure follows the last in first out (LIFO) principle."
"A stack of books follows the last in first out (LIFO) order."
"A LIFO queue in computer science operates on the last in first out principle."
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