Law Dictionary Definitions

first-in, first-out.An accounting method that assumes that goods are sold in the order in which they were purchased — that is, the oldest items are sold first. — Abbr. FIFO. Cf. LAST-IN, FIRST-OUT; NEXT-IN, FIRST-OUT.[Blacks Law 8th]

first impression, case of.See CASE.[Blacks Law 8th]

firsthand knowledge.See personal knowledge under KNOWLEDGE.[Blacks Law 8th]

first fruits. 1.Hist. One year’s profits from the land of a tenant in capite, payable to the Crown after the tenant’s death. — Also termed primer seisin. 2.Hist. Eccles. law. The first year’s whole profits of a clergyman’s benefice, paid by the incumbent to the Pope, or (after the break with Rome) to the Crown.…

first-filing rule.See FIRST-TO-FILE RULE.[Blacks Law 8th]

first-filed rule.See FIRST-TO-FILE RULE.[Blacks Law 8th]

first devisee.See DEVISEE.[Blacks Law 8th]

first impression, case of.See CASE.[Blacks Law 8th]

firsthand knowledge.See personal knowledge under KNOWLEDGE.[Blacks Law 8th]

first fruits. 1.Hist. One year’s profits from the land of a tenant in capite, payable to the Crown after the tenant’s death. — Also termed primer seisin. 2.Hist. Eccles. law. The first year’s whole profits of a clergyman’s benefice, paid by the incumbent to the Pope, or (after the break with Rome) to the Crown.…