Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A method of inventory accounting in which the costs of the first units to enter the inventory are assigned to the first units sold.
Etymologies
Sorry, no etymologies found.
Support
Help support Wordnik (and make this page ad-free) by adopting the word first-in, first-out.
Examples
Sorry, no example sentences found.
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.