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: