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

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 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 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 INCOME

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

TARGET LEVERAGE RATIO

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

TARGET MARKET

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

TARGET MARKETING

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

TARGET ORGAN EFFECT

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

TARGET ORGAN TOXIN

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

TARGET PAYOUT RATIO

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

TARGET POPULATION

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

TARGET PRICE

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

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 RISK

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

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 VALUE

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

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