What does FIFO mean in Business?
This page is about the meanings of the acronym/abbreviation/shorthand FIFO in the field in general and in the Business terminology in particular.
First-in first-out
Submitted by Dr.Rupayan Talukder on April 15, 2018
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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, 2024. Web. 13 Jun 2024. <https://www.abbreviations.com/term/1989182>.
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