English Dictionary |
FIRST IN FIRST OUT
Pronunciation (US): | (GB): |
IPA (US): |
Dictionary entry overview: What does first in first out mean?
• FIRST IN FIRST OUT (noun)
The noun FIRST IN FIRST OUT has 1 sense:
1. inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
Familiarity information: FIRST IN FIRST OUT 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 ("first in first out" is a kind of...):
inventory accounting (accounting that controls and evaluates inventory)
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"Every rock strikes the feet of the poor." (Afghanistan proverb)
"Give your friend your blood and money." (Arabic proverb)
"One swats the fly only if it annoys that person." (Cypriot proverb)