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

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.

TARIFF ESCALATION

Situation where import duties on components are lowest and then they increase towards the finished goods. See tariff anomaly.

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.

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.

TAX CERTIFICATE

The proof of payment of taxes due on a property or income that is official.

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.

TARGET ORGAN EFFECT

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

TARGET INCOME

Amount of revenue that a company wants to generate in the current accounting period.

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.

TARGET START DATE

The calendar date when a goal or project is to be started. The date is initially an estimate that adjusts as the day nears for the launch of the new endeavor.

TARGET POPULATION

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

TARGET MARKET

The particular segment of the market that is the focus for a marketing campaign.

TARGET VALUE

The output that is aimed for from process or the results aimed for in admeasurement.

TARGETING STRATEGY

Selection of customers by a business wishing to sell services or products. Use market segments and choosing which ones to target.

TAILORING

Adaptation of requirements to current needs of operation by deleting, modifying and supplementing without any deviation from the norm. See also deviation.

STRONG DOLLAR

State of the US dollar affecting imports and exports when traded for a higher value of foreign currency.

TARGET MARKETING

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

TARIFF ANOMALY

Situation where import duties on raw materials, components or partly completed goods are greater than on the finished goods. See tariff escalation.

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