Meaning Of The Word First-in, first-out
What's the definition of First-in, first-out? Find First-in, first-out meanings, definitions and more at the Real Dictionary online.
First-in, first-out Meaning
| First-in, first-out Definition |
|---|
What's The Definition Of First-in, first-out?
first-in, first-out in American English
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 |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Gooney bird ‐ noun: any of several albatrosses, esp. the black-footed…
- Justitia ‐ noun: the ancient Roman personification…
- Ultrarealist ‐ noun: a proponent of…
- Fernitickle ‐ noun; noun:…
- Contract labor ‐ noun: labor coercible by the enforceable provisions…
- Reattain ‐ to attain (a goal, aim, level of achievement…
- Degree ‐ any of the successive steps or stages in a process…
- Preconcert ‐ to arrange or settle beforehand, as by agreement…
- Sapremia ‐ a form of blood poisoning caused by toxic products…
- Cut someone some slack ‐ to be less demanding of someone; ease up on someone…