TARGET RANGE Meaning and
Definition
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Target range refers to a specific interval or a predetermined set of values within which a particular parameter, variable, or entity is desired to be maintained, achieved, or controlled. It is a defined range or zone that serves as a guiding reference or benchmark for various purposes, such as decision-making, analysis, evaluation, or planning.
In the context of finance, a target range often refers to the desired range of interest rates set by a central bank or monetary authority to control inflation and stimulate economic growth. The central bank aims to keep the interest rates within this range in order to achieve their macroeconomic objectives. Deviations from the target range may indicate the need for policy adjustments.
In medical sciences, a target range is typically used to define the desired or optimal values of certain physiological parameters. For instance, target ranges may be set for blood pressure, glucose levels, cholesterol levels, or heart rate, representing the desired values that are considered healthy or indicative of normal functioning. Physicians use these target ranges to diagnose and monitor patients, and treatments are often adjusted to bring the values within the acceptable range.
In general, a target range provides a clear set of boundaries or goals to work towards, ensuring that the desired outcome or parameter is achieved or maintained within a specific range of values. It acts as a benchmark or reference point, providing clarity and direction for decision-making and actions.
Common Misspellings for TARGET RANGE
- rarget range
- farget range
- garget range
- yarget range
- 6arget range
- 5arget range
- tzrget range
- tsrget range
- twrget range
- tqrget range
- taeget range
- tadget range
- tafget range
- tatget range
- ta5get range
- ta4get range
- tarfet range
- tarvet range
- tarbet range
Etymology of TARGET RANGE
The word "target range" is a combination of two separate words, each with its own etymology.
The word "target" dates back to the late 14th century and comes from the Old French word "targette", meaning a small shield. It is derived from the Old French word "targe", meaning a shield or a buckler. The word "target" has evolved over time to refer to an object or an area aimed at or shot at during activities such as archery, shooting, or military training.
The word "range" comes from the Middle English word "range" and has origins in Old French and Germanic languages. It originally meant a row or line and later came to refer to a series or sequence of things placed in order. In the context of a "target range", the word "range" refers to a designated area or space where targets are placed for practice or competition.
Similar spelling words for TARGET RANGE
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