first-in, first-out

[ furst-in, furst-out ]

noun

an inventory plan that assumes that items purchased first will be sold first and that by valuing inventory items at the price of the most recent purchases, inventory values will be comparable to any rise in prices. Abbreviation: FIFO: Compare last-in, first-out.
Computers. FIFO (def. 2).

Words Nearby first-in, first-out

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use first-in, first-out in a sentence

If wrestling now follows pankration into Olympic exile, then an interesting first-in-first-out reversal would be taking shape.
The Olympics Wimps Out on Wrestling and Competition | James Romm | February 23, 2013 | THE DAILY BEAST

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