Australian Water Information Dictionary

water allocation trade

A transaction to transfer a water allocation from one legal entity to another, with or without a change in location, for the remaining water year (by default) or for a specified term that may be less than the end of the water year or carried over to subsequent years (i.e. lease).

Water allocation trade is used in preference to temporary trade in the National Water Initiative.

Synonym: planned environmental water

Equivalent: water market equivalent terms

This definition applies to: