IFQ
IFQ means Individual Fishing Quota, which is a Federal permit under a limited access system to harvest a quantity of fish, expressed by a unit or units representing a percentage of the total allowable catch of a fishery that may be received or held for exclusive use by a person. IFQ does not include community development quotas.
Source
50 CFR § 253.10
Scoping language
The terms used in this subpart have the following meanings: