first-in, first-out

A form of first in first out — A method of inventory accounting that values items withdrawn from inventory at the cost of the oldest item assumed to remain in inventory.

Meanings

nounfirst-in, first-out (uncountable)
  1. alternativeuncountableAlternative form of first in first out.
Cite this entry
APA

first-in, first-out. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/first-in%2C%20first-out

MLA

“first-in, first-out.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/first-in%2C%20first-out. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “first-in, first-out,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/first-in%2C%20first-out.

Source: first-in, first-out on Wiktionary, CC BY-SA 4.0.