cumulative limit
the total allowable amount of a species of stock that can be taken over a set time. Usually measured in weight that a vessel can take and keep, possess or land. The vessel or fisher can take or land as much fish as they like as long as they do not exceed the cumulative limit during the designated time period

Dictionary of ichthyology. 2009.

Look at other dictionaries:

  • cumulative limit stacking — the association of cumulative limits with permits rather than vessels. A vessel with multiple limited entry permits can harvest multiple cumulative limits. Also called permit stacking …   Dictionary of ichthyology

  • cumulative catch limit — cumulative limit …   Dictionary of ichthyology

  • cumulative catch limit stacking — cumulative limit stacking …   Dictionary of ichthyology

  • Cumulative frequency analysis — is the applcation of estimation theory to exceedance probability (or equivalently to its complement). The complement, the non exceedance probability concerns the frequency of occurrence of values of a phenomenon staying below a reference value.… …   Wikipedia

  • Cumulative distribution function — for the normal distributions in the image below …   Wikipedia

  • Central limit theorem — This figure demonstrates the central limit theorem. The sample means are generated using a random number generator, which draws numbers between 1 and 100 from a uniform probability distribution. It illustrates that increasing sample sizes result… …   Wikipedia

  • Mismatch limit —   Maximum allowed cumulative interest risk position/mismatch/gap …   International financial encyclopaedia

  • permit stacking — cumulative limit stacking (the association of cumulative limits with permits rather than vessels. A vessel with multiple limited entry permits can harvest multiple cumulative limits. Also called permit stacking) …   Dictionary of ichthyology

  • entrepreneurs' relief — England, Scotland, Wales A relief from capital gains tax (CGT) that is available to individuals and trustees. It can be claimed in respect of gains arising on disposals of businesses, shares in personal companies and associated business assets… …   Law dictionary

  • Deficiency Agreement — An arrangement in which a party provides a firm with funds to cover any shortfalls arising from capital or cash flow restraints, allowing the company to service its debt. A deficiency agreement will usually have a cumulative limit specified by… …   Investment dictionary

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