| English Dictionary |
FIFO
| Pronunciation (US): |  | (GB): | |
Dictionary entry overview: What does FIFO mean?
• FIFO (noun)
The noun FIFO has 1 sense:
1. inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
Familiarity information: FIFO used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
Inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
Classified under:
Nouns denoting acts or actions
Synonyms:
FIFO; first in first out
Hypernyms ("FIFO" is a kind of...):
inventory accounting (accounting that controls and evaluates inventory)
| Learn English with... Proverbs |
"Cobbler, stick to thy last." (English proverb)
"The way the arrow hits the target is more important than the way it is shot; the way you listen is more important than the way you talk." (Bhutanese proverb)
"If your house is of glass, don't throw rocks at others." (Arabic proverb)
"What comes easily is lost easily." (Egyptian proverb)
"The way the arrow hits the target is more important than the way it is shot; the way you listen is more important than the way you talk." (Bhutanese proverb)
"If your house is of glass, don't throw rocks at others." (Arabic proverb)
"What comes easily is lost easily." (Egyptian proverb)