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)