What is the meaning of LOCOM?

LOCOM means lower of cost or market.

Barry Goldsmith
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APABarry Goldsmith. (2010). locom. Retrieved September 22, 2026, from http://smartdefine.org/locom/definitions/1157499
ChicagoBarry Goldsmith. 2010. "locom" http://smartdefine.org/locom/definitions/1157499 (accessed September 22, 2026).
HarvardBarry Goldsmith 2010, locom, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/locom/definitions/1157499>.
MLABarry Goldsmith. "locom" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/locom/definitions/1157499>