Quota pounds (QP) means the quotas, expressed in round weight of fish, that are issued annually to each QS permit owner in the Shorebased IFQ Program based on the amount of QS they own and the amount of fish allocated to the Shorebased IFQ Program. QP have the same species/species group and area designations as the QS from which they are issued.
50 CFR § 660.111
These definitions are specific to the limited entry trawl fisheries covered in this subpart. General groundfish definitions are found at 660.11.