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FIFO

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
FIFO  (ff)
n.
See first-in, first-out.
FIFO [ˈfaɪfəʊ]
n acronym for
first in, first out (as an accounting principle in costing stock) Compare LIFO
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.FIFO - inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
first in first out
inventory accounting - accounting that controls and evaluates inventory
Translations
FIFO [ˈfaɪfəʊ] ABBR =first in, first out → primero en entrar, primero en salir


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For lifting the compound to the fight temperature level, the company's FIFO (first in, first out) rubber injection unit is used, together with a tempering channel.
Injection molding by Rubber World
Simply speaking, FIFO matches older expenses against current revenues, while LIFO matches more recent expenses against that same revenue.
Simplified LIFO can ease compliance, boost tax savings by Goldberg, Michael J. / The Tax Adviser
Oki succeeded in integrating its original FIFO (First-In First-Out) memory and image processing circuit into a single chip and significantly reducing CCD camera noise in dim light, something which could not be done before.
Oki Electric Unveils 3D Noise Reduction LSI With Built-in FIFO Memory ... by Business Wire
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