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first-in, first-out

[ furst-in, furst-out ]
/ ˈfɜrstˈɪn, ˈfɜrstˈaʊt /
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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: FIFOCompare last-in, first-out.
Computers. FIFO (def. 2).

QUIZZES

QUIZ YOURSELF ON PARENTHESES AND BRACKETS APLENTY!

Set some time apart to test your bracket symbol knowledge, and see if you can keep your parentheses, squares, curlies, and angles all straight!
Question 1 of 7
Let’s start with some etymology: What are the origins of the typographical word “bracket”?
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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