IFQ meaning in Sports ?

Answer: What is Individual Fishing Quota mean?

Individual fishing quotas (IFQs) also known as "individual transferable quotas" (ITQs) are one kind of catch share, a means by which many governments regulate fishing. The regulator sets a species-specific total allowable catch (TAC), typically by weight and for a given time period. A dedicated portion of the TAC, called quota shares, is then allocated to individuals. Quotas can typically be bought, sold and leased, a feature called transferability. As of 2008, 148 major fisheries (generally, a single species in a single fishing ground) around the world had adopted some variant of this approach, along with approximately 100 smaller fisheries in individual countries. Approximately 10% of the marine harvest was managed by ITQs as of 2008.: 218 The first countries to adopt individual fishing quotas were the Netherlands, Iceland and Canada in the late 1970s, and the most recent is the United States Scallop General Category IFQ Program in 2010. The first country to adopt individual transferable quotas as a national policy was New Zealand in 1986.

reference

Full Form	Category
Islamic Finance Qualification	Business
Information for Quality	General
International Food Quality	General
Independent Film Quarterly	General
Issued for Quotation	General
Institut fur Forschungsinformation und Qualitatssicherung	International
Individual Fishing Quota	Sports
Individual Fishermen Quotas	Sports
Individual fishing quotas	Sports