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LIFO

Noun: LIFO, short for Last In, First Out, is a method of organizing and manipulating data within a data structure or stack. In LIFO, the last element added to the structure is the first one to be removed.

Example sentence: The LIFO structure is commonly used in computer algorithms and programming languages to manage function calls and recursion.

LIFO

Adjective: LIFO is an abbreviation for Last In, First Out, and is used to describe a type of accounting method or inventory system in which the most recently added items are considered the ones that are sold, used, or accounted for first.

Example sentence: The company adopts the LIFO accounting method to value their inventory, as it reflects the most recent costs and supports a more accurate financial representation.

LIFO

Verb: LIFO can also be used as a verb form meaning to organize or process items using the Last In, First Out principle.

Example sentence: The warehouse employees lifoed the newly received boxes to ensure proper inventory management.

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• LIFO data structure
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