First In First Out (FIFO) definition

First In First Out (FIFO) means a distribution procedure to ensure that the oldest stock is
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First In First Out (FIFO) means an accounting technique used in managing inventory, wherein the oldest inventory item are recorded first and the oldest inventory item are also sold first
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First In First Out (FIFO) means the principle that the Administrator will apply in order to allocate a redemption to the investor's shareholding when an investor has subscribed on different dates. The Shares will then be redeemed in the order of the subscription dates, Shares issued at the initial subscription would be redeemed first.
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Examples of First In First Out (FIFO) in a sentence

  • HTS will use the First In First Out (FIFO) cost basis default accounting method on all lots sold unless you notify your Financial Professional in writing to use an alternate cost basis accounting method.

  • The Supplier shall ensure that all products are stored to facilitate proper stock rotation and that product is retrieved from stock using First In, First Out (FIFO) methodology.

  • HTS will use the First In First Out (FIFO) cost basis default accounting method on all stock lots sold unless you notify your Financial Advisor in writing to use an alternate cost basis accounting method.

  • HTS will use the First In First Out (FIFO) cost basis default accounting method on all lots sold unless you notify your Broker in writing to use an alternate cost basis accounting method.

  • HTS will use the First In First Out (FIFO) cost basis default accounting method on all lots sold unless you notify your Financial Advisor in writing to use an alternate cost basis accounting method.

  • HTS will use the First In First Out (FIFO) cost basis d efault accounting method on all lots sold unless you notify your Financial Professional in writing to use an alternate cost basis accounting method.

  • Tax accounting method You can select from the following tax accounting methods: • Minimise Gain – tax parcels are selected to minimise the capital gain (or maximise the capital loss) on disposal of an asset • Maximise Gain – tax parcels are selected to maximise the capital gain (or minimise the capital loss) on disposal of an asset, or • First In First Out (FIFO) – the earliest tax parcel is selected on disposal of an asset.

  • The Ceding Company will use a First In, First Out (FIFO) methodology.

  • A straightforward First In, First Out (FIFO) scheduling policy is shown to be equal or even to outperform the more elaborate threading libraries Cilk Plus and Threading Building Blocks (TBB) for running high levels of parallelism for high numbers of cores.

  • Seller shall be responsible for all ------------------------ claims related to floor stock adjustments with respect to Products sold by Seller prior to the Closing Date, consistent with the First In, First Out ("FIFO") method of accounting, except with respect to any floor stock adjustments resulting from actions taken by Buyer.