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What is a quota?

What is a quota? Here are some definitions.

Noun
  1. A proportional part or share; the share or proportion assigned to each in a division.
  2. A prescribed number or percentage that may serve as, for example, a maximum, a minimum, or a goal.
  3. (economics) A restriction on the import of something to a specific quantity.
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Examples
As quota critics have long maintained, heavy-handed quota schemes don't promote true racial diversity, only politically correct tokenism.
The reform also proposes the end of this regional allowance and the prospect of quota transferability between member states.
Instead of a healthy quota of 40 trees an acre, the region is crowded with as many as 568 an acre.
Twenty-five percent of each country's quota is paid in the form of special drawing rights.
And it's a lot healthier than saving your quota up for binge sessions at the end of the week.
The workers demanded an increase of 70 000 to 100 000 tons of the annual tariff quota for the import of unrefined sugar.

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