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
Unknown—glossary_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'