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. . 2004.

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  • ITQ — individual transferable quota (assigning a fixed share of the catch to each fisherman as a tradable right, one that can be sold or leased to others) …   Dictionary of ichthyology

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