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Welcome to the webBRIEFCASE business and IT glossary. If you can't find the work / phrase you're looking for: search for it below, since it may be elsewhere on this site.

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NOTE: Only records with an
initial letter of L are shown

A person is said to be 'laid back' if they are calm, quiet and reactive. Their stress levels appear to be constantly low.

When dealing with queues, items can be processed in LIFO or FIFO order. LIFO is last in first out. For example, if data is entered: A, B, C (i.e. A is first), with LIFO, C will be returned first. 

LIFO is sometimes used with company redundancies. The last person hired can be the first person who is made redundant. The rationale for this can be that the last person to enter the company has less knowledge of the company, its processes, people, and is likely to have less loyalty.

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