FISH

(redirected from fished)
Also found in: Dictionary, Thesaurus, Medical, Idioms, Encyclopedia.
Related to fished: fished out

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 periodicals archive ?
All these species have been intensively fished and many have shared the sad fate of their cousin, the cod.
Almost invariably, the biggest species--such as tuna, sharks, and cod--in heavily fished areas have been the first to plummet, notes Ransom A.
All the anglers admitted to eating practically everything they catch, and most said they fished every day.
Moreover, these biologists had asserted that before a species Could be fished to extinction, its stocks would become too uneconomical to harvest--thereby providing a natural check against overexploitation.