Library / English Dictionary

    FIFO

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    Inventory accounting in which the oldest items (those first acquired) are assumed to be the first soldplay

    Synonyms:

    FIFO; first in first out

    Classified under:

    Nouns denoting acts or actions

    Hypernyms ("FIFO" is a kind of...):

    inventory accounting (accounting that controls and evaluates inventory)

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