What does it mean ballpark estimate?
A ballpark figure is a rough numerical estimate or approximation of the value of something that is otherwise unknown. A stockbroker could use a ballpark figure to estimate how much money a client might have at some point in the future, given a certain rate of growth.
What does ballpark mean in slang?
or ball park Informal. being an approximation, based on an educated guess: Give me a ballpark figure on our total expenses for next year.
Where did the expression ballpark estimate come from?
A: Okay, well, it’s as American as it sounds – named after the baseball stadium, which was first called a ballpark in the 1890s. A “ballpark figure/estimate” means an off-the-cuff guess.
What in the ballpark means?
A ballpark is the area where baseball is played. Colloquially, you can be “in the ballpark” when you’re close or within a certain range: “I’m just guessing how much that car costs, but I bet I’m in the ballpark.”
How do you use the word ballpark?
Examples of ballpark in a Sentence Noun hit a home run out of the ballpark Adjective We don’t know exactly how many people live in this city, but a ballpark figure would be about two million. I suspect that the ballpark costs we were quoted for the kitchen renovation will turn out to be too low.
What is the meaning of rough estimate?
An approximate calculation or judgement of the value, number, quantity, or extent of something. ESTIMATION A rough calculation of the value, number, quantity, or extent of something.
How many is a ballpark?
A ballpark estimate or figure is a number that is a guess, but one that you believe is near the correct number: We’ll have to go away and cost this carefully, but as a ballpark figure I’d say that it’ll be about two million dollars.
Do you need a rough ballpark for an estimate?
For the purposes of an estimate, you only need a rough ballpark. However, it’s important to be realistic in your assessment of time to complete the project because this will determine the ultimate price you give the customer.
What’s the purpose of a ballpark cost estimate?
A ballpark estimate will give you a rough idea about costs by providing a potential range of costs you might expect for your project. The purpose of this kind of estimate is to answer the question of whether or not you can even pursue the product development and what you might be looking at to do so.
How to get an instant ballpark moving estimate?
Simply put, an instant ballpark quote is a very rough estimate that is based on the limited information that you provide to a moving company. It may not be the actual price that you will pay. Use instant ballpark moving quotes as a starting point in gauging your moving costs.
Where can I find an estimate for a project?
To find out what similar professionals in your area are charging, check listings on websites where professionals can advertise or promote their services. If there is a professional or trade organization in your area, they also may have information on project prices based on survey results.