The meaning and definition of HIFO - "Highest In,
Post# of 351
Posted On: 03/15/2013 11:47:12 PM
The meaning and definition of HIFO -
"Highest In, First Out". When a customer owns multiple lots of an investment but only sells some shares, an instruction to sell the shares that cost the most first, generally in an effort to reduce capital gains or generate capital losses.
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