FISH

(redirected from fishing-rod)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.

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!"
So ended the sorrows of this day, and the next morning Maggie was trotting with her own fishing-rod in one hand and a handle of the basket in the other, stepping always, by a peculiar gift, in the muddiest places, and looking darkly radiant from under her beaver-bonnet because Tom was good to her.
"Your fishing-rod gets rayther rusty; don't it, father?"