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  Dictionary Definition of fid

fid
noun
1. Nautical a stout piece of wood or metal passed through the heel of a topmast to keep the mast in position.
2. a conical wooden pin used to open strands of rope in splicing.
3. a pin used for enlarging holes, stippling and tightening lacing in leatherwork.
[origin uncert.]
FID
Financial Institutions Duty.