quota system

quota system
quota system UK US noun [C] COMMERCE
a method of setting a limit on how much of something a country or company is allowed to have, produce, import, etc.: »

The proposed change in the quota system would add millions of barrels of oil to the world market.

»

The end of the quota system will allow countries to sell as much clothing as they want around the world.


Financial and business terms. 2012.

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Look at other dictionaries:

  • Quota system — can refer to:*Quota System (Royal Navy), a system in place from 1795 to 1815 for manning British naval ships *Reservations in India *Quota Borda system …   Wikipedia

  • quota system — 1. a system, originally determined by legislation in 1921, of limiting by nationality the number of immigrants who may enter the U.S. each year. 2. a policy of limiting the number of minority group members in a business firm, school, etc. 3. any… …   Useful english dictionary

  • Quota System (Royal Navy) — The Quota System (also known as The Quod ), introduced by Prime Minister William Pitt the Younger in 1795, required each English county to provide a quota of men for the Royal Navy, based on its population and the number of its seaports mdash;… …   Wikipedia

  • quota system — See Quota Law …   Ballentine's law dictionary

  • quota system — 1. a system, originally determined by legislation in 1921, of limiting by nationality the number of immigrants who may enter the U.S. each year. 2. a policy of limiting the number of minority group members in a business firm, school, etc. 3. any… …   Universalium

  • quota system — / kwəυtə ˌsɪstəm/ noun a system where imports or supplies are regulated by fixed maximum amounts …   Marketing dictionary in english

  • quota system — / kwəυtə ˌsɪstəm/ noun 1. a system where imports or supplies are regulated by fixed maximum amounts 2. an arrangement for distribution which allows each distributor only a certain number of items …   Dictionary of banking and finance

  • Quota — may refer to:Affirmative action * Racial quota * Reservations in India * Quotas in PakistanComputing * Disk quota * Download quota * Upload quotaElectoral systems * Election threshold * Droop quota * Hagenbach Bischoff quota * Hare quota *… …   Wikipedia

  • quota — quo·ta / kwō tə/ n [Medieval Latin, from Latin quota pars how great a part] 1: a proportional part or share assigned to each in a body 2: a specific amount that serves as a minimum or maximum a law against traffic ticket quota s Merriam Webster’s …   Law dictionary

  • system — sys‧tem [ˈsɪstm] noun [countable] an arrangement or organization of ideas, methods, or ways of working: • Deregulation has created worries about the stability of the country s financial system. • All staff will benefit from a well run… …   Financial and business terms

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