Difference between revisions of "Quota"
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First, it can be a number or percentage which sets an upper limit; | 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." | + | 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. | Second, it can be a number or percentage which sets a minimum. | ||
For example, "At least 25% of raw materials must be recycled." | For example, "At least 25% of raw materials must be recycled." | ||
(Paraphrased from American Heritage Dictionary) | (Paraphrased from American Heritage Dictionary) | ||
Revision as of 22:34, June 29, 2007
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)