lower of cost or market method

lower-of-cost-or-market method. A means of pricing or costing inventory by which inventory value is set at either acquisition cost or market cost, whichever is lower. [Cases: Internal Revenue 3105.

1. C.J.S. Internal Revenue §§ 27–29, 31–33.]


专业法律词汇 词条贡献者
资深译员Grace,毕业于一所培养最顶级翻译人才的语言学院,擅长翻译各类与商业诉讼及争议相关的法律文件。
Scroll to Top