Business / Agriculture / Poundage Quota: A quantitative limit on the amount of a commodity that can be marketed (also called a marketing quota) under the provisions of a permanent law. Once a common feature of price support programs, this supply control mechanism now only restricts the production and/or sale of tobacco and peanuts.
Quota Noun Synonyms: apportionment, portion, allotment, allocation, allowance, ration, share, part, proportion, percentage, equity, interest, cut
Business / Agriculture / Marketing Quotas (Or Allotments): Authorized by the Agricultural Adjustment Act of 1938, these quotas (sometimes called poundage quotas) limit marketings of certain commodities. The marketing quota, which must be approved by at least MORE
Business / Agriculture / Peanut Poundage Quota: A peanut price support program supply control mechanism authorized by the Agricultural Adjustment Act of 1938 to regulate the marketing of peanuts consumed domestically for food when production become MORE
Business / Finance / Quotation: Highest bid and lowest offer (asked) price currently available on a security or a commodity. MORE
Business / Human Resources (HR) / Quota System: In affirmative action systems, it is a means of attempting to achieve workplace balance by hiring and/or promoting specified numbers or ratios of minorities or women in positions from which they have MORE
Business / Agriculture / Import Quota: A trade barrier that sets the maximum quantity (quantitative restriction) or value of a commodity allowed to enter a country during a specified time period. The Uruguay Round Agreement on Agriculture MORE