First in first out Moderate

First in first out has 2 different meanings across 1 category:

Definitions

Noun

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

first in first out FIFO

A method of inventory accounting that values items withdrawn from inventory at the cost of the oldest item assumed to remain in inventory.

Broader Terms (hypernyms)

inventory accounting

Rhyming Words

out tout yout hout gout pout aout dout lout bout kout rout fout scout grout smout chout plout x out trout

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