last-in first-out , LIFO (Abkürzung)

last-in first-out (LIFO)

Last-In First-Out (LIFO) is the reverse of FIFO.

Due to concurrent execution of agent procedures, a conventional sequential stack allocation scheme cannot be used as the activation records of the agent calls do not follow a last-in first-out pattern.

Paul Spedding, an analyst at Kleinwort Benson Securities in London, said that assuming oil prices of $17 a barrel and an exchange rate of $1.50 to the pound, B.P. in 1993 would earn about $600 million, with the accounting system known as last-in first-out most commonly used by companies in the United States.