What is a tradable fishing limit that gives the holder the right to harvest a given quantity of fish during a given time period?

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Individual transferable quota (ITQ) is a system that allocates a specific portion of the total allowable catch (TAC) to individuals or companies, allowing them to harvest a certain quantity of fish. These quotas can be bought, sold, or leased, providing flexibility and economic efficiency in managing fish stocks.

What Is a Tradable Fishing Limit That Gives the Holder