LOCOM: Lower of Cost or Market
What does LOCOM mean? Lower of Cost or Market is one of its meanings. You can download the image below to print or share it with your friends through Twitter, Facebook, Google or Pinterest. If you are a webmaster or blogger, feel free to post the image on your website. The LOCOM may have other definitions. Please scroll down to see its definitions in English, and other five meanings in your language.
LOCOM stands for Lower of Cost or Market
The following image presents one of the definitions of LOCOM in English language. You can download the image file in PNG format for offline use or send image of LOCOM definition to your friends by email.
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Quotation of "LOCOM - Lower of Cost or Market " as a Guest Visitor
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Quotation of "LOCOM - Lower of Cost or Market " as a Website Manger
You can cite the acronym of LOCOM by employing either the MLA (Modern Language Association) or APA (American Psychological Association) citation styles. By including the acronym in your bibliography in this manner, you will provide your visitors with a well-rounded view of its various interpretations and ensure that the source of this information is properly credited.
Other Meanings of LOCOM
As mentioned above, the LOCOM has other meanings. Please know that five of other meanings are listed below. You can click links on the left to see detailed information of each definition, including definitions in English and your local language.
Definition in English: Lower of Cost or Market
Please be informed that some of our acronyms and their definitions are created by our visitors. Therefore, your suggestion of new acronyms is highly welcome! As a return, we have translated the acronym of LOCOM to Spanish, French, Chinese, Portuguese, Russian, etc. You can further scroll down and click the language menu to find meanings of LOCOM in other 42 languages.
In English, LOCOM stands for Lower of Cost or Market . In your local language, LOCOM stands for Lower of Cost or Market. Below are advantages and disadvantages of using this acronym.
Utilizing LOCOM as an abbreviation enhances communication by providing a concise and efficient method, ultimately conserving time and space. This practice also conveys a sense of professionalism and specialization in particular fields. Employing the Lower of Cost or Market abbreviation serves as a mnemonic device and ensures uniformity in official documents.
Due to the various interpretations of LOCOM, this acronym can cause ambiguity and confusion, especially among audiences unfamiliar with its meanings. Additionally, frequent use of Lower of Cost or Market may foster a sense of exclusivity, possibly alienating individuals not familiar with the terminology. Overusing such acronyms can ultimately diminish overall clarity.
