home/glossary/First in First Out

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

MWEWordset Dictionary

Classifications

Entity Type

Unknown—authoritativeglossary_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'