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FIFO |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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An abbreviation for first-in, first-out, a method employed in accounting for the identification and valuation of the inventory of a business. FIFO assumes that the first goods purchased are the first sold. As a consequence, the items that remain in the inventory at the end of the year are assumed to be those purchased last. Cross-referencesLIFO. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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All American (Nasdaq:SEMI) and High Bandwidth Access (HBA), a developer of advanced FIFO queuing and memory devices for high capacity broadband networks, today announced their national distribution agreement. HBA), developer of the most advanced FIFO queuing devices for high capacity broadband networks, has selected Teradyne's Catalyst Tiger and J750 test platforms for characterization and production tests of its FIFO Queuing devices. |
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