allowable quota

allowable quota
a share in a total allowable quota (TAC) usually divided amongst those with a right to participate in the fishery. Also called quota

Dictionary of ichthyology. 2009.

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  • quota — amount of catch or harvest allocated in a time period by a governmental authority. It may refer to a fishery as a whole or to the amount allocated to an individual (individual quota) or company of the total allowable catch, q.v., from a stock.… …   Dictionary of ichthyology

  • quota — Amount of catch allocated; could refer to a fishery as a whole (total allowable catch) or to that amount allocated to an individual or company; see also individual transferable quota …   Fisheries — dictionary

  • quota — A portion of a total allowable catch (TAC) allocated to an operating unit, such as a vessel class or size or a country …   Fisheries — dictionary

  • quota — A portion of a total allowable catch (TAC) allocated to an operating unit, such as a vessel class or size or a country …   Fisheries — dictionary

  • Individual transferable quota — Individual transferable quotas (ITQs) are one of many fishery rationalization instruments. They are defined under the Magnuson Stevens Fishery Conservation and Management Act as limited access permits to harvest quantities of fish. Fisheries… …   Wikipedia

  • individual transferable quota — (ITQ) A management tool by which the total allowable catch, TAC quota is allocated to individual fishers or companies. These individuals or companies have long term rights over this quota and are able to trade quota with others; see also quota …   Fisheries — dictionary

  • individual quota — a quota, e.g. a percentage, of a total allowable catch assigned to an individual, a vessel or a company, with the numbers of the latter limited too. A quota for a company and its fleet of vessels is usually called an enterprise allocation. Also… …   Dictionary of ichthyology

  • proportional quota — a fishing quota made proportional to the total allowable catch instead of an exact amount. As the TAC varies so does the amount of fish that can be caught by a quota holder …   Dictionary of ichthyology

  • Total Allowable Catch — (TAC)   The quota set annually for each species of fish declared to be threatened by overfishing under the Common Fisheries Policy (CFP). Each Member State is allocated its own quota within each overall quota …   Glossary of the European Union and European Communities

  • provisional quota — a temporary allocation of catch to fishermen in proportion to their fishing history. Instigated when a new system is being introduced and may require the government to buy up some provisional quotas so that the total quota issued equals the… …   Dictionary of ichthyology

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