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First in First Out

nounverified·updated May 18, 2026

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

MWE

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier
?unassignedlast reviewed

Sensitivity

unclassified

Information Class

unclassified

Variants

synonym
FIFO
plural
First in First Outs
possessive
First in First Out's
pluralpossessive
First in First Outs'