FIFO definition

FIFO





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4 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  FIFO \FIFO\ (f[imac]"f[=o]), a. [acronym, First In First Out.]
     1. (accounting) an accounting method in which goods in
        inventory are valued at the price of the most recent
        acquisition of each type of goods, and those used up from
        inventory are valued at the cost of those first acquired.
        [PJC]



From WordNet (r) 2.0 [wn]:

  FIFO
       n : inventory accounting in which the oldest items (those first
           acquired) are assumed to be the first sold [syn: {first
           in first out}]

From Virtual Entity of Relevant Acronyms (Version 1.9, June 2002) [vera]:

  FIFO
       First In First Out (CPU)
       
       

From The Free On-line Dictionary of Computing (27 SEP 03) [foldoc]:

  FIFO
       
          {first-in first-out}
       
       

















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