Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: T

TASK

The essential and smallest part of a job that is a unit of work differentiating from other parts of the project.

TACTICAL PRICING

A short term variation in price that is aimed at thwarting the competition or gaining entry into the market.

TANGIBLE

Something that has form and exists physically and is discernible by one or more senses.

TAP FEE

The connection cost when a business or home is connected to the water and public sewer systems.

TARGET POPULATION

The particular group of people that have been identified as the recipient of a campaign, product or advertisement.

TASK SIGNIFICANCE

The extent of the importance of an identifiable piece of work to other s within and outside of the organization.

TACTICS

Means of carrying out a strategy that is planned to deal with a moments demands.

TANGIBLE ASSET

Assets listed as plant equipment, property including machinery, cash, anything that has a physical existence.

TARE ALLOWANCE

Part of the gross weight that can be deducted as weight of ghee packaging or container.

TARGET PRICE

An investor’s or analyst’s opinion about a security’s future price that will be offered for the next 12 months.

TAX ACCOUNTING

The accounting practices that incorporate laws for taxation that is regulated by the IRS.

TARGET AUDIENCE

The identified group of people who will be the recipients of an advertising campaign. See target population.

TARGET RATE

The rate is established by the banking institution’s Asset Liability Committee that is used to set the attractive reprising for maturing deposits or loans.

TAX AVOIDANCE

The lawful tax liability minimization that occurs from a sound financial plan. Tax avoidance is legal but tax evasion is not.

TAG ALONG PROVISION

Provision in an investment agreement where the stock holders have the right to liquidate part of their investment when the firm is raising more capital.

TANGIBLE BOOK VALUE

The value that is calculated by the deduction of assets that are not tangible, expenses for start-up and any financing costs that are deferred from the moral book value, BV, of the

TARGET RISK

The prospective holders of policies that are divided by age, race, sex and other demographic factors.

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