What is First In First Out (FIFO)?

What is First In First Out (FIFO)?

The FIFO concept is used to calculate capital gains and exit loads. This theory dictates that you sell the oldest units first.

As a result, it’s first-in-first-out. The units that were purchased earlier are the first to be redeemed.

FIFO refers to any situation in which the first to enter a framework is often the first to leave it.

It isn’t necessarily limited to the financial world.

What is First In First Out (FIFO)?
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