FISH

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FISH

An abbreviation for "first in, still here." The term is a tongue-in-cheek reference to the first in, first out accounting method. It refers to a company that keeps its inventory for a long time, often because of poor sales. Ultimately, this may render inventory obsolete. A company dealing with FISH may be in or near financial trouble.
References in classic literature ?
Pip," said Wemmick, triumphantly shouldering the fishing-rod as we came out, "let me ask you whether anybody would suppose this to be a wedding-party
Your fishing-rod gets rayther rusty; don't it, father?
I am too weak to lift a gun, too weak even to handle a fishing-rod.