1. Home
  2. Dictionary
  3. Fifo

Definition of Fifo in English :

Define Fifo in English

Fifo meaning in English

Meaning of Fifo in English

Pronunciation of Fifo in English

Fifo pronunciation in English

Pronounce Fifo in English

Fifo

see synonyms of fifo

Noun

1. fifo, first in first out

inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold

WordNet Lexical Database for English. Princeton University. 2010.

Fifo

see synonyms of fifo
noun acronym for
first in, first out (as an accounting principle in costing stock)
Compare LIFO

Collins English Dictionary. Copyright © HarperCollins Publishers

Fifo

see synonyms of fifo
noun
a method of valuing inventories in which items sold or used are priced at the cost of earliest acquisitions and those remaining are valued at the cost of most recent acquisitions
see also LIFO

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

Fifo

see synonyms of fifo
n.
See first-in, first-out.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

WORD OF THE DAY

hamlet

FIND OUT WHAT IT MEANS

Recent Searches