FIFO means First In First Out.
FIFO is an abbreviation of "First in – First Out" and refers to the fact that in case one or more Contracts with the same characteristics shall be closed, Tickmill Ltd will as a point of departure close the older Contract first;
FIFO. As defined in Section 10.14(e).
Examples of FIFO in a sentence
All documents are recorded using FIFO (First In First Out) method and are not guaranteed to be recorded the same day they are submitted.
The inventory of Company is stated at the lower of cost or net realizable value using the first-in-first out (FIFO) principle using a standard costing method.
The FIFO method thus requires that what is due first must be paid by the borrower first.
The FIFO principle assumes that the oldest outstanding dues in the loan account needs to be cleared first.
More Definitions of FIFO
FIFO means the first-in, first-out method of accounting.
FIFO means first-in-first-out; “free of payment under MEPS+” in relation to a Transaction, means no instruction for IFT has been or is to be transmitted under MEPS+ in connection with the Transaction;
FIFO means the principle of first-in, first-out, wherein Securities are deemed to be sold in the same order that they were purchased (i.e. the first Securities purchased are deemed to be the first sold); and which requires, in the case of a Claimant who held Securities of EH at the commencement of the Class Period, that those Securities be deemed to have been sold completely before Eligible Securities are sold or deemed sold;
FIFO. (“first in first out”) means a stock taking procedure where the stock received first is used first, and the closing stock is evaluated on the basis of the latest purchase prices. When securities are sold, applying this method means that the securities credited first in time to the account will be regarded as sold first
FIFO is an abbreviation of "First in – First Out" and refers to the fact that in case one or more Contracts with the same characteristics shall be closed, Aglobe Investments Ltd will as a point of departure close the older Contract first;
FIFO means first in first out.