FIFO
[ fahy-foh ]
/ ˈfaɪ foʊ /
noun
Computers.
a storage and retrieval technique, used mainly for data, in which the first item stored is also the first item retrieved.
British Dictionary definitions for fifo
FIFO
/ (ˈfaɪfəʊ) /
n acronym for
first in, first out (as an accounting principle in costing stock)
Compare LIFO