look up any word, like tinder bombing:
 
1.
Stock control method. Whereas issues using fifo (first in, first out) and lifo (last in first out) base stock issue prices at the first/last issue, avco (weighted AVerage COst) takes the mean cost of stock and issues at that price.
We account for stock issues using avco.
by Kung-Fu Jesus April 26, 2004

Words related to avco

fifo lifo