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Name is derived from the Latin Antonius, which means âPricelessâ and âof inestimable worthâ . Anthony also appears in following countries/origins/languages: American, African, Australian, Chinese, Danish.nthony is from Latin origin, Clan name of the Romans, possibly meaning aâ¬ËÃ¢ beyond, price, invaluable, praiseworthyâ¬â¢. flourishinga flourishingÃ¢
Lower of cost or market. Lower of cost or market (LCM or LOCOM) is a conservative approach to valuing and reporting inventory. Normally, ending inventory is stated at historical cost. However, there are times when the original cost of the ending inventory is greater than the net realizable value, and thus the inventory has lost value.