Stocks, gains/losses, do I really have to calculate them by hand?
prl
prl at ozemail.com.au
Thu Apr 26 08:54:38 EDT 2012
On 26/04/12 20:11, Fredrik Persson wrote:
> I am not familiar with the abbreviation "FIFO" (at first I assumed you mean
> First-In First-Out, a programmer term). LIFO, what is that? (I am not
> american, so I've never run into these abbreviations.)
>
FIFO = First In First Out
LIFO = Last In First Out
And yes, they're both programming terms. FIFO is in queue order
(earliest to enter the queue is processed next), LIFO is stack order
(latest to enter the stack is processed next).
Cheers,
Peter
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