(; ) ( LIFO) a method of stock control in which the last goods or raw materials bought or produced are the first ones used or sold后进先出法（一种存货控制方法，即最后购进或生产的产品或原材料最先用掉或卖掉）➡first in, first out () ( LIFO) a method of valuing supplies of goods or units of raw materials based on the idea that the last goods bought or produced are the first ones used or sold. The value of goods left at the end of the year is based on the earliest price paid.后进先出法（计算存货的一种方法，即最后购进或生产的产品最先用掉或卖掉。期末存货的计价则以先购商品的价格为基础）◆The production costs were calculated on a last in, first out basis.生产成本根据后进先出法计算。◆The LIFO cost is lower than the actual cost of goods when there is inflation.在通货膨胀时，后进先出法计算的成本低于商品的实际成本。➡first in, first out () used, for example in a situation when people are losing their jobs, to say that the last people to be employed will be the first to go后进先出（后雇进来的人先解雇） () used to describe a system where data received last is the first to be processed后进先出（最后收到的资料最先处理的系统）