Examlex
A sentence that is too lenient might reduce the ability of the criminal justice system to impose punishment that is regarded as fair and impartial.
LIFO
"Last In, First Out," an inventory valuation method where goods purchased last are the first to be used or sold.
Perpetual Inventory System
A method of inventory management that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.
Ending Inventory
The total value of all goods still available for sale at the end of an accounting period.
FOB Destination
A shipping term indicating that the seller bears the shipping costs and retains ownership of the goods until they are delivered to the buyer's location.
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