quota
noun
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Definition of quota
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Synonyms for quota
Synonyms
allotment, allowance, cut, end, part, piece, portion, proportion, share, slice, take
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Examples of quota in a Sentence
Recent Examples on the Web
But, perversely, because wildfires are classified as natural catastrophes, their emissions are not counted against legal quotas. — Nicola Twilley, The New Yorker, "A Trailblazing Plan to Fight California Wildfires," 19 Aug. 2019 Yet these quotas can result in womenâs recruitment to less influential positions. — Samantha Warren, Quartz, "Why gender equality quotas do more harm than good," 7 Aug. 2019 The researchers believe a map of hotspots could help determine areas that should be declared as protected to help conservation efforts, as well as quotas to reduce catches. — Ashley Strickland, CNN, "Why your dinner may be causing sharks to die," 30 July 2019 This practice is called shark finning, and itâs done to save space on the boat (the fins are the most valuable part of a shark) and to avoid surpassing fishing quotas. — National Geographic, "Sharks," 22 July 2019 She and Amy Magana, who finished 11th, earned U.S. quota berths for the 2020 Tokyo Olympics by reaching the World final. — Jeff Metcalfe, azcentral, "Arizona diver Delaney Schnell wins 10-meter bronze at World Championships," 17 July 2019 In other cases, brokers get a monthly fee from a particular facility but must meet a quota of patients to collect payments as high as tens of thousands of dollars. — David Armstrong, STAT, "The addict brokers: Middlemen profit as desperate patients are âtreated like paychecksâ," 28 May 2017 Extra quotas of beef, dairy or pork are also alluring for America, which is negotiating with the EU too. — The Economist, "A new trade deal has FOMO as its secret sauce," 5 July 2019 In total, the government has set a quota of 52 Minke, 150 Brydeâs and 25 sei whales for the rest of the year. — Jason Daley, Smithsonian, "Japan Resumes Commercial Whaling in Its Home Waters," 1 July 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'quota.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for quota
quota
nounFinancial Definition of quota
What It Is
Quota can refer to a measure that sets the limits, either minimum or maximum, on a particular activity.
How It Works
Quotas are usually set by government or by an organization of producers of a particular product.
For trade quotas, governments set the quota limiting the import of a particular product, restricting the access to the domestic market by an offshore producer, and giving the domestic producers the opportunity to improve their position in the market. Â Such protectionist policies in industries including steel, autos, and many consumer electronics products, have protected domestic industry from international competition.
In production quotas, a government or a group of producers, limit the supply of a particular product in order to maintain a certain price level. Â For example, the Organization of Petroleum Exporting Countries sets a production quota for crude oil in order to "maintain" the price of crude oil in world markets.
Why It Matters
Quotas counteract natural market forces and trends and usually upset normal business cycles. For example, protecting domestic industry from international competition has kept it alive, but has not increased its competitiveness. In an increasingly global economic marketplace, quotas tend to weaken domestic industry. As for production quotas, while maintaining prices in the world markets may sound like a good idea for producers, it can have the effect of forcing consumers to find alternative products (e.g., the search for alternative energy in the case of oil) or worse (e.g., take up arms to fight for rights to natural resources).
Source: Investing Answers
quota
noun
English Language Learners Definition of quota
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Kids Definition of quota
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quota
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Legal Definition of quota
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