Interest and Last in first out: Difference between pages

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imported>Doug Williamson
(Link with Conventional year page.)
 
imported>Doug Williamson
(Add link.)
 
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#The amount, usually expressed as an annual percentage of the principal, charged for borrowing money, or earned from a fixed income investment or from a floating interest rate investment.
(LIFO).
#Any difference between a terminal value and a present value, often expressed as a money amount (though it can also be expressed as a percentage).
 
1. ''Accounting''.
 
A method of allocating inventory for valuation purposes which assumes that the inventory acquired or produced last is used first.
 
 
2.  
 
A method of selecting staff to be made redundant, the most recently joined staff being the first to be selected for redundancy.




== See also ==
== See also ==
* [[Conventional year]]
* [[First in first out]]
* [[Dual currency bond]]
* [[IAS 2]]
* [[Gross interest]]
* [[Inventory]]
* [[Interest rate]]
* [[Redundancy]]
* [[Interest rate differential]]
* [[Stock]]
* [[Non-performing loan]]
* [[Weighted average cost]]
* [[Paying agent]]
 
* [[Present value]]
[[Category:Accounting,_tax_and_regulation]]
* [[Principal]]
[[Category:Liquidity_management]]
* [[Self-financing loan]]
* [[Simple interest]]
* [[Time value of money]]
* [[Yield]]

Latest revision as of 23:58, 2 May 2020

(LIFO).

1. Accounting.

A method of allocating inventory for valuation purposes which assumes that the inventory acquired or produced last is used first.


2.

A method of selecting staff to be made redundant, the most recently joined staff being the first to be selected for redundancy.


See also