An economic policy instrument under which rights to discharge pollution or exploit resources can be exchanged through either a free or a controlled -permit- market. Examples include Individual Transferable Quotas in fisheries, tradable depletion rights to mineral concessions and marketable discharge permits for water-borne effluents. Scialabba (1998)
TRADABLE PERMITS
Meaning of TRADABLE PERMITS in English
Fishery English glossary. Английский глоссарий рыболовства . 2012