FIFO

American  

[fahy-foh] / ˈfaɪ foʊ /

noun

1. first-in, first-out.

2. Computers. a storage and retrieval technique, used mainly for data, in which the first item stored is also the first item retrieved.

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FIFO British  

/ ˈfaɪfəʊ /

acronym

1. first in, first out (as an accounting principle in costing stock) Compare LIFO

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Example Sentences

Mining companies typically fly staff from big cities to work in remote areas in a practice known as FIFO, or fly in fly out.

From Reuters

Companies that rely on so-called fly-in fly-out, or FIFO, workforces may be better positioned to restart production sooner than those who rely on local workers.

From The Wall Street Journal

Companies that rely on so-called fly-in fly-out, or FIFO,  workforces may be better positioned to restart production sooner than those who rely on local workers.

From The Wall Street Journal

“FIFO helps prevent food from getting pushed in the back of the fridge where we ‘forget’ because we can’t see it,” she explains.

From US News

Those are your choices: specific share identification or FIFO.

From Forbes