Difference between revisions of "Quota"

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(Paraphrased from American Heritage Dictionary)
 
(Paraphrased from American Heritage Dictionary)
  
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Latest revision as of 18:06, July 13, 2016

The word "quota" can have two meanings:

First, it can be a number or percentage which sets an upper limit;

For example, "Certain goods can be imported only in a limited amount as established by the quota."


Second, it can be a number or percentage which sets a minimum.

For example, "At least 25% of raw materials must be recycled."

(Paraphrased from American Heritage Dictionary)