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FIFO
(redirected from FIFO queuing)

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.03 sec.

FIFO

Method of stock valuation that assumes that stock is used in the same order as that in which it is purchased, thus first stock in, first stock out.

The alternative valuation is LIFO (last in, first out). The LIFO method of valuation for closing stock is not permitted by the UK Inland Revenue.



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? Mentioned in ? References in periodicals archive
 
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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