TARGET - [noun] a result which you hope to reach; something which is aimed at, especially with a gun or bomb
Examples of use
His company has failed to meet its development targets.
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English speaking practise
Remember that if you don't use that word in English conversations or writing you'll forget it in a short time. So the best thing you can do to learn this word is just trying to use it in speaking or writing. Remember also that practise is the key to fluent english speaking.
You can always find a partner, who would also like to improve his/her