What Does FIFO Stand For?

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First in, first out

Techies, inventory managers, and others use FIFO to stand for "first in, first out." FIFO is a method of processing and disposing of items in a queue. Under FIFO, the first item to enter a queue is also the first item to get processed and leave the queue.

For example, a printer that processes documents using FIFO will always print the first item sent to it before later items. (Yes, even if the later item is just one page, and the first item is one hundred. We've all been there.) Or, a restaurant might use FIFO to ensure they always use their oldest foodstuffs first.

Example

Remember, FIFO. So make sure you put the new inventory behind the old stuff when it comes in Aye aye cap'n
An NVDA shareholder discussing whether to sell stocks FIFO or LIFO
An NVDA shareholder discussing whether to sell stocks FIFO or LIFO

Related Slang

LIFOLast in, first out
BAEBefore anything else
FCFSFirst-come, first-served
FISHFirst in still here
Q1First quarter
H1First half

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General

FIFO definition by Slang.net - The Slang Dictionary

This page explains what the acronym "FIFO" means. The definition, example, and related terms listed above have been manually compiled and written by the Slang.net team.

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