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Glossary > L > "LIFO Liquidation" Definition

LIFO Liquidation

When a company using the LIFO method of inventory costing liquidates their older LIFO inventory.

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LIFO Liquidation - When a company using the LIFO method of inventory costing liquidates their older LIFO inventory.

LIFO Liquidation : when a company using the lifo method of inventory costing liquidates their older lifo inventory.