What does FIFO mean in General Business?

This page is about the meanings of the acronym/abbreviation/shorthand FIFO in the Business field in general and in the General Business terminology in particular.

First In First Out

Business » General Business

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Definition

What does FIFO mean?

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

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"FIFO." Abbreviations.com. STANDS4 LLC, 2020. Web. 21 Sep. 2020. <https://www.abbreviations.com/term/1420784>.

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