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Ballpark Figure

 

An acceptable, roughly accurate approximation, as in I know you can't tell me the exact cost; just give me a ballpark figure. This term alludes to a baseball field, which is always an enclosed space. The expression is basically an extension of the somewhat earlier in the ballpark, meaning within a reasonable range, and out of the ballpark, beyond a reasonable range. [Slang; late 1960s]

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A rough numerical estimate or approximation. Ballpark figures are commonly used by accountants, salespersons and other professionals to estimate current or future results. 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.

Investopedia Says:
Ballpark figures are used everywhere in the business world. But they should be treated as nothing more than estimates; they are not hard numbers. These figures are frequently blown out of proportion by salespersons and other professionals who must use persuasion to generate income or close deals. Major business and financial decisions should probably not be made based on these numbers.

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Copyrights:

American Heritage Dictionary of Idioms. The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investopedia Financial Dictionary. Copyright ©2010, Investopedia.com - Owned and Operated by Investopedia US, A Division of ValueClick, Inc. All rights reserved.  Read more

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