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POS
CIDE DICTIONARY
fiesta | fiesta flower | fife | fife rail | fifer | fifo | fifteen | fifteenth | fifth | fifth amendment | fifth avenue

fifo

 : 
Noun

CIDE DICTIONARY

fifoa. [acronym, First In First Out.].
     an accounting method in which goods in inventory are valued at the price of the most recent acquisition of each type of goods, and those used up from inventory are valued at the cost of those first acquired.  [PJC]

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