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Definition of FIFO abbreviation from the Oxford Advanced Learner's Dictionary

FIFO

abbreviation
 
/ˈfaɪfəʊ/
 
/ˈfaɪfəʊ/
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  1. (Australian English)
    fly in, fly out
    (used to describe the practice of people flying to work temporarily in remote areas, leaving their homes and families behind)
    • The FIFO lifestyle suits many people.
  2. (finance or computing)
    first in, first out
    (a method of managing stock and costs or storing data)
    compare LIFO
previously
adverb
 
 
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