What is the meaning of first in first out?

noun

  • Inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold.
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APAWordNet. (2010). first in first out. Retrieved September 23, 2026, from http://smartdefine.org/first_in_first_out/definitions/1191340
ChicagoWordNet. 2010. "first in first out" http://smartdefine.org/first_in_first_out/definitions/1191340 (accessed September 23, 2026).
HarvardWordNet 2010, first in first out, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/first_in_first_out/definitions/1191340>.
MLAWordNet. "first in first out" 23 October 2010. Web. 23 September 2026. <http://smartdefine.org/first_in_first_out/definitions/1191340>