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An acronym describing finishing a task early and making an exit to pursue more meaningful and satisfying activities. i.e. Finish Early, F**k Off.
(Sam:) Tim, did I see you leaving the office at 3pm?
(Tim:) Yeah, not much going on in the world of light fittings today so I fefo'd that shit, went home and jacked it.

Or

Have you heard about the latest meme on Urban Dictionary? you gotta check out FEFO, it's a thing now, everyone's using it... if you don't you're not cool anymore (assuming you were cool in the first place).
FEFO by zoomlion March 28, 2011
Related Words
fefo Fefoe
a wierd thingy; a mishappening
Hes and fefo person.
fefo by fefo November 23, 2006
A furry vagina that gets torn alot from having so many children.
Erica: My fefoe used to be tight. Then it tore when I had my son Cletus.
Fefoe by dansand32 November 6, 2009