Individual fishing quota (IFQ)

Individual fishing quota (IFQ)

A type of limited entry, an allocation to an individual (a person or a legal entity, e.g. a vessel owner or company) of a right (privilege) to harvest a certain amount of fish in a certain period of time. It is also often expressed as an individual share of an aggregate quota, or total allowable catch (TAC).

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Fishing
Category: Marine fishery
Organization: NOAA
Product:
Acronym-Abbreviation:

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Related terms

individual fishing quota (IFQ)

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