quota system Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “quota system” in the English Dictionary

"quota system" in Business English

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quota systemnoun [C]

uk   us   COMMERCE
a ​method of setting a ​limit on how much of something a country or ​company is ​allowed to have, ​produce, ​import, etc.: The ​proposedchange in the ​quotasystem would ​add millions of ​barrels of ​oil to the ​worldmarket. The end of the ​quotasystem will ​allow countries to ​sell as much ​clothing as they want around the ​world.
(Definition of quota system from the Cambridge Business English Dictionary © Cambridge University Press)
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