Associations to the word «Fifo»

Wiktionary

FIFO, noun. (accounting) (operations) (computing) First In First Out
FIFO, noun. Fly-in fly-out.

Dictionary definition

FIFO, noun. Inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold.

Wise words

We should have a great fewer disputes in the world if words were taken for what they are, the signs of our ideas only, and not for things themselves.
John Locke