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

TAP FEE

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

TARGET LEVERAGE RATIO

The money amount that a company can pay off for expenses and not compromise the revenue earned.

TARGET COST

1. Contracting. Final cost that is agreed on. 2. Costing. Final cost of a service or product that needs to be achieved to generate desired sales revenue and income. See target costing.

TARGET ORGAN TOXIN

A substance that won’t effect the whole body but will attack an organ or body system.

TARGET AUDIENCE

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

TARGET MARKETING

Identifying the market to target after research and the development of a specific campaign.

TARGET FINISH DATE

Calendar date when a project is to be completed. It starts as an estimate and may be changed as the date nears.

TARGET PAYOUT RATIO

The amount of money wanted by a company to be able to pay out dividends to its investors.

TARGET ORGAN EFFECT

Symptoms and signs that are produced by substances that will injure a certain part of the body or organs.

TASK SIGNIFICANCE

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

TARGET RISK

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

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 ACCOUNTING

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

TARGET COSTING

A method of product costing where the final cost has been determined after analyzing the market and designing the product to meet demands. See target cost.

TASK

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

TARIFF RATE QUOTA

The import quota allowing a limited quantity of merchandise to enter a country that is to be consumed at a tariff at a reduced rate. Tariff quota.

TARIFF WAR

The counter balancing of tariff rates by one country that is a retaliatory act in relation to another country to gain advantages in trade.

TARGET PRICE

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

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