Das Deutsch-Russische und Russisch-Deutsche Business- und Banking-Wörterbuch. - М.: Russkiy Yazyk - Media. N. D. Iwaschtschenko. 2005.
LIFO reserve — The amount by which the book value of inventory is lower than it would be if first in, first out ( FIFO) rather than LIFO accounting was applied to value the inventory. Only relevant to firms reporting inventory on a LIFO basis. American Banker… … Financial and business terms
LIFO — is an acronym which stands for last in, first out. In computer science and queueing theory this refers to the way items stored in some types of data structures are processed. By definition, in a LIFO structured linear list, elements can only be… … Wikipedia
LIFO — abbrlast in, first out Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. LIFO abbrv. Last in, first out … Law dictionary
last-in-first-out cost — LIFO cost A method of valuing units of raw material or finished goods issued from stock by using the latest unit value for pricing the issues until all the quantity of stock received at that price is used up. The next earliest price is then used… … Accounting dictionary
last-in-first-out cost — LIFO cost A method of valuing units of raw material or finished goods issued from stock by using the latest unit value for pricing the issues until all the quantity of stock received at that price is used up. The next earliest price is then used… … Big dictionary of business and management
Variable universal life insurance — (often shortened to VUL) is a type of life insurance that builds a cash value. In a VUL, the cash value can be invested in a wide variety of separate accounts, similar to mutual funds, and the choice of which of the available separate accounts to … Wikipedia
accounting — /euh kown ting/, n. 1. the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc.… … Universalium
Inventory — means a list compiled for some formal purpose, such as the details of an estate going to probate, or the contents of a house let furnished. This remains the prime meaning in British English.[1] In the USA and Canada the term has developed from a… … Wikipedia
Cost of goods sold — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
last in, first out — ( LIFO) One of the methods for accounting for business inventory permitted by generally accepted accounting principals ( GAAP). American Banker Glossary ( LIFO) An accounting method that fixes the cost of goods sold to the most recent purchases.… … Financial and business terms
Tax deduction — This article is about the deduction of expenses for the purpose of calculating taxable income. For tax deducted at source, see Withholding tax. Taxation An aspect of fiscal policy … Wikipedia
