|
|
First In, First Out (FIFO) |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
First In, First Out (FIFO)An accounting method for valuing the cost of goods sold that uses the cost of the oldest item in inventory first.First In, First Out (FIFO) Similar MatchesFirst degree homogeneousFirst degree homogeneousHomogeneous of degree 1. First order conditionFirst order conditionOne of the mathematical necessary conditions for maximization, used routinely in solving economic models. Typically, it consists of setting equal to zero the derivative of the function being maximized (or its Lagrangian) with respect to a variable that can be controlled. First mortgageFirst mortgageA type of mortgage that through a lien gives precedence to the lender of the first mortgage over all other lenders in case of default. First notice dayFirst notice dayNotice of intention to deliver a commodity in fulfilment of an expiring futures contract can be given to the clearing house by a seller (and assigned by the clearing house to a buyer) no earlier than the first notice day. First notice days differ depending on the commodity. First preferred stockFirst preferred stockA type of preferred stock that has priority over other preferred issues and common stock when claiming dividends and assets. Further Suggestionsfirst mortgageLast in, first out (LIFO) First Refusal Right First call First pass regression first closing date First charge First market Perfected first lien First Mortgage First best Right of first refusal First mover advantage First call date First theorem of welfare economics First User first death insurance First mortgage First time buyer |
|
|
|