What is a ballpark amount?
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?
transitive verb. informal. : to estimate (something) roughly or casually : to give a ballpark estimate of (something, such as a number or price) The track doesn’t release attendance numbers, but media members ballparked it at 42,500 in the facility, which seats more than 50,000.—
What does the idiom ballpark estimate mean?
ballpark figure, a A roughly accurate estimate, an educated guess. Coming from baseball, this expression rests in turn on in the ballpark, meaning within certain limits.
Can you give me a ballpark figure?
An approximate number; an estimate. Do you have a ballpark figure for the cost of the renovations? That’s just a ballpark figure—they don’t know exactly how many people will be attending the event.
Can you give me a ballpark?
give (someone) a ballpark A “ballpark” is a rough estimate. In other words, it’s a guess about an amount that’s close to the correct number, but not exact.
Are we in the same ballpark?
To be close to a specific cost or amount. I will only sell the house if the buyer’s offer is in the same ballpark as the price I want to get. No, the salary isn’t as high as I had hoped, but I accepted it because it’s in the same ballpark at least.
Why is it called ballpark?
A: The idiom of “ballpark figure”? Q: Yes, that. 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. An approximation.
Why do we say ball park figure?
A: The idiom of “ballpark figure”? Q: Yes, that. 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.
Is a rough estimation?
A Rough Cost Estimate is an initial estimate that uses prior experience and other non-project data to estimate the cost of a project. It is also called a Rough Order of Magnitude (ROM) estimate, or a Conceptual Estimate. Usually it is not yet funded, and the primary parts of the project are not designed.
Is it good to have ballpark cost estimate?
The short answer is mostly NO. If you’re trying to find out if building your idea is viable and what it might cost, then a ballpark estimate might be okay initially. That will give you a sense of what you’re up against and whether you can reasonably pursue project.
Is the Federal Ballpark E$ timate based on salary?
Although retirement annuity is based on a person’s high 3-year average salary, for purposes of the Federal Ballpark E$timate, enter your current annual wage. Most employees know what they are currently making rather than what their average salary might be.
Who is exempt from the ballpark fee requirement?
Exempt from this fee requirement are nonprofit organizations that qualify as exempt organizations for District franchise tax purposes unless the organization has $5,000,000 or more in annual District gross receipts from conducting unrelated business activity.
Is the Federal ball park estimator a good tool?
The FBE is a long term planning tool which can be very beneficial to persons with only a couple of years of Federal service. This is because the FBE will get you thinking about how the way you save can be beneficial to you down the road to retirement. It’s never too early!