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

A word is not a crystal, transparent and unchanged; it is the skin of a living thought and may vary greatly in color and content according to the circumstances and time in which it is used.
Oliver Wendell Holmes, Jr.