1. International trade.
In international trade, an import quota is a maximum permitted amount of a product which may be imported.
Import quotas are often associated with, or an alternative to, tariffs.
2. Diversity and inclusion.
In diversity and inclusion, quotas are minimum levels or proportions, designed to promote greater balance.
Boardroom gender mix targets
- "... there remains a marked difference between the UK Government's policy of a 25% gender mix target and the EU's 2020 goal of 40%.
- However, at the time of writing the British government is softening its prior strong resistance to quota imposition as UK firms appear to be moving in a direction that makes even the 25% figure seem unlikely on a voluntary basis."
- The Treasurer's Handbook - Developments in corporate and market regulation: implications for the treasurer.
Any other fixed maximum, minimum or absolute number or amount.