OY

optimum yield


PFMC

Pacific Fishery Management Council

PSP

paralytic shellfish poisoning


QMA

quota management area (New Zealand)

QMS

quota management system (New Zealand)

QS

quota share


R

recruitment

RAM

Restricted Access Management Division


SAFMC

South Atlantic Fishery Management Council

SAR

search and rescue

SCOQ

surf clam/ocean quahog

SFA

Sustainable Fisheries Act of 1996

SSC

scientific and statistical committee (of a regional fishery management council)

SURFs

stock-use rights in fisheries


TAC

total allowable catch

TURFs

territorial use rights in fisheries


USCG

U.S. Coast Guard


WPFMC

Western Pacific Fishery Management Council

Glossary

A

allowable biological catch (ABC):

Maximum amount of fish stock that could be harvested without adversely affecting recruitment or other biological components of the stock. The ABC level is typically higher than the total allowable catch, leaving a buffer between the two.

Australian "drop-through" system:

Approach developed in the New South Wales fishery that establishes a cascade of fixed-term entitlements for quota shareholders to allow the introduction of new management measures. Under this scheme, initial entitlements of quota share are defined for a finite period, but one long enough to encourage investments. Periodically, a comprehensive review is undertaken to develop a new set of entitlements. These entitlements would confer a similar, but not necessarily identical, set of rights and



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