English Etymology From SpO2 + FiO2 + ratio. Noun SpO2/FiO2 ratio (plural SpO2/FiO2 ratios) A proxy measurement for the assessment of lung function using the PaO2/FiO2 ratio. Derived terms S/F ratio (abbreviation) SpO2/FiO2 (abbreviation) Related terms ratio SpO2 FiO2