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FIFO

[ fahy-foh ]

noun

  1. Computers. a storage and retrieval technique, used mainly for data, in which the first item stored is also the first item retrieved.


FIFO

/ ˈfaɪfəʊ /

acronym for

  1. first in, first out (as an accounting principle in costing stock) Compare LIFO
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Example Sentences

Measures will also include cutting down on excess drinking of alcohol at the fly in, fly out “FIFO” camps, mining executives told a Western Australian state inquiry.

From Reuters

Mining companies typically fly staff from big cities to work in remote areas in a practice known as FIFO, or fly in fly out.

From Reuters

Companies that rely on so-called fly-in fly-out, or FIFO, workforces may be better positioned to restart production sooner than those who rely on local workers.

Companies that rely on so-called fly-in fly-out, or FIFO,  workforces may be better positioned to restart production sooner than those who rely on local workers.

“FIFO helps prevent food from getting pushed in the back of the fridge where we ‘forget’ because we can’t see it,” she explains.

From US News

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