The former American Idol contestant, who inked a record deal with Interscope earlier this month, told MTV News that 'This Time' is a track that she can personally relate to as it applies to many different experiences.
Toscano explained: "The song could pertain to American Idol and my journey on the show. It's a journey of self-discovery and empowerment, and it's not just a break-up song.
"I can 100% relate to it, whether it's about a relationship or my journey on Idol."
Toscano has described her deal with Interscope as a "dream come true", and said that she is "thrilled" to be pursuing her lifelong dream.
"I am thrilled to be joining the Interscope and 19 Recordings family. [Interscope Geffen A&M chairman] Jimmy Iovine was an amazing mentor during my time on Idol and I'm looking forward to working with him and everyone at Interscope Records and 19 Recordings," she said following the announcement.
Toscano recently performed 'This Time' live on the American Idol tour, which she kicked off with her fellow Top 11 contestants earlier this month in Utah.
Watch Pia Toscano perform 'This Time' live on the American Idol tour below: