F

FIFO; an accounting term concerning how to track costs of inventory which assumes that the first goods into storage are the first ones sold and removed from inventory. … [Read more...] about First In First Out

In old English law. A fine for refusing military service, (mulcta detrectantis militiam.) Spelman. A fine imposed for murder committed In the army; an acquittance of such fine. Fleta, lib. 1, c. 47. … [Read more...] about FIRDWITE

In old records. A place in monasteries, and elsewhere, where the poor were received and supplied with food. Spelman. Hence the word "infirmary." … [Read more...] about FIRMARIUM

A lien or claim upon something that takes precedence over all others to be satisfied. … [Read more...] about FIRST LIEN

(A) To terminate an employee's employment. (B) The effect of combustion. The juridical meaning of the word does not differ from the vernacular. 1 Pars. Mar. Law, 231,. et seq. Fire and sword, letters of. In old Scotch law. Letters issued from the privy council in Scotland, addressed to the sheriff of the county, authorizing him to call for the assistance of the county to … [Read more...] about FIRE