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

Life has no meaning unless one lives it with a will, at least to the limit of one's will. Virtue, good, evil are nothing but words, unless one takes them apart in order to build something with them; they do not win their true meaning until one knows how to apply them.
Paul Gauguin