Examlex
The members of a cross-functional team have an informal agreement that whenever a team member goes out of town on business, that team member will leave a phone number where he or she can be reached. This arrangement is known as a
Total Allowable Catch
The maximum quantity of a particular fish species that can be caught within a specified area and time frame to prevent overfishing.
Individual Transferable Quota
A system in resource management where individuals or companies are allocated a certain amount of a resource and can buy, sell, or trade parts of that quota.
Fisheries
Places where fish are raised or caught in significant numbers, often critical for food supply and employment in certain regions.
ITQs
Individual Transferable Quotas, a fishery management tool that allocates a certain quantity of a fishery resource to individuals or companies.
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