FIFO definition

FIFO. As defined in Section 10.14(e).
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;

Examples of FIFO in a sentence

  • The USB FCU clears the IN_PKT_RDY bit as soon as the IN FIFO is ready to accept another data packet.

  • When there are two packets in the IN FIFO, a flush causes the older packet to be flushed out from the IN FIFO.

  • When there is one packet in the IN FIFO, a flush causes the IN FIFO to be empty.

  • The CPU reads the register to determine the number of bytes to be read from the FIFO.

  • For comparison purposes to companies using the first-in, first-out method of accounting for inventory valuation ("FIFO") only, gross profit reflected a reduction of $0.7 million and $2.9 million in Six Months 1999 and Six Months 1998, respectively, due to the Company's LIFO accounting method.


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 a first-in, first-out method of inventory cost accounting in accordance with GAAP.
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 means first in first out.
FIFO means the first-in-first-out method of determining value of Inventory in accordance with GAAP.