Ballparked

The term 'ballparked' is an informal expression that refers to making an approximate estimate or a rough calculation of a value, often within a general range. It is commonly used in business, finance, and everyday conversation to signal that a precise number is not available but a reasonable guess or ballpark figure can suffice.

Ballparked meaning with examples

• When planning the budget for our new project, we ballparked the total costs between $50,000 and $70,000. While we didn’t have exact figures, this range gave us a good idea of what we could work with moving forward, allowing us to adjust our expectations accordingly.
• Before finalizing the numbers for our quarterly forecast, the team ballparked our expected revenue growth at around 15%. This rough estimate helped us align our marketing strategies to ensure that we could reach our projected targets as we moved further into the year.
• When asked about the timeline for software delivery, the project manager ballparked the completion date to be around three to four months. This gave the stakeholders a realistic timeframe to consider, even though the specifics would evolve as the project progressed.
• During the meeting, the finance director ballparked the costs associated with the new marketing initiative. By suggesting a range of $20,000 to $30,000, he provided the marketing team with a framework for developing their proposals without needing finalized figures at that stage.