to set a quota; fixed amount
Meanings
2 senses · 6 examplesverb
to set a quota; to fix an amount
formalRefers to the action of establishing a specific, limited quantity for administrative, economic, or planning purposes. Often used in contexts of resource management, budgeting, or production planning.
The company decided to implement quota management for travel expenses.
During the era of the planned economy, many commodities were supplied based on fixed quotas.
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We need to allocate a fixed amount of funds for this project.
noun
quota; fixed amount; norm
formalRefers to the specific quantity or limit that has been established. Commonly used in production targets, budgets, and resource allocation.
The workers completed this month's production quota ahead of schedule.
Every salesperson has a monthly sales quota.
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The water usage exceeded the prescribed quota.