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INDIVIDUAL TRANSFERABLE QUOTA (ITQ)

Statistics Directorate    
Definition:
A type of quota (a part of a Total Allowable Catch) allocated to individual fishermen or vessel owners and which can be sold to others.

Source Publication:
United Nations, European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, World Bank, 2005, Handbook of National Accounting: Integrated Environmental and Economic Accounting 2003, Studies in Methods, Series F, No.61, Rev.1, Glossary, United Nations, New York, para. 7.273.

Cross References:
Individual quota
Total allowable catch (TAC)

Statistical Theme: Environmental statistics

Created on Wednesday, July 06, 2005

Last updated on Wednesday, November 30, 2005