financial target
/fəˈnænʃəl ˈtɑːrɡɪt/ · fi·nan·cial tar·get
noun
- A specific monetary goal that an individual, department, or organization aims to achieve within a set period. The company's financial target for the next fiscal year is $150 million in revenue.
- A benchmark used in budgeting or performance measurement to assess financial progress. Meeting the quarterly financial target triggers a bonus for the sales team.
Synonyms
revenue goalfiscal objectivebudgetary aimmonetary targetprofit targetearnings goalsales targetfinancial objective
Antonyms
Did you know? The phrase "financial target" surged in corporate jargon after the 1970s, when companies began formalizing annual budgeting cycles and reporting specific revenue goals to shareholders.