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fifo

n.
1.inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold

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    Idiom of the Day

    too big for one's boots
    to feel more important than one really is
    My friend is too big for his boots and thinks that he is very important.



    1.
    This is the really important part of the machine and that's why we call it the business ________ .

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