guestimate

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guestimate

The manager asked for a quick guestimate of the project's cost.

Definition

Noun: An approximate calculation or judgment, formed by blending logical reasoning with intuition or conjecture. It is an informal term for an estimate made when precise data is unavailable.

Usage

A "guestimate" is used in informal contexts when a rough, quick approximation is needed or acceptable. It acknowledges that the figure is not based solely on hard data but incorporates an element of educated guesswork.

Examples
  • We need a guestimate of the crowd size for ordering enough food.
  • Can you give me a guestimate of how long the repair will take?
  • His budget was more of a guestimate than a detailed financial plan.
Advanced Usage
  • To make/take a guestimate: To form such an approximate calculation.
    • Without the sales reports, I can only make a guestimate for next quarter's revenue.
  • Used to explicitly signal the informal and approximate nature of a provided figure.
    • This timeline is just a guestimate; things could change.
Variants and Related Words
  • Guesstimate (Verb): To form such an approximate calculation.
    • I'd guesstimate the weight to be about 20 pounds.
  • Estimate (Noun/Verb): A more formal or calculated approximation, though often used interchangeably in casual speech.
  • Ballpark figure (Noun Phrase): A rough numerical estimate.
Synonyms
  • Approximation
  • Rough estimate
  • Ballpark figure
  • Conjecture (when used as a noun for an opinion formed on incomplete information)
Notes on Meaning

This word is a portmanteau, blending "guess" and "estimate." Its primary meaning is the noun form described above. The verb form ("to guesstimate") is a direct derivation from the noun. The spelling "guestimate" is more common, though "guesstimate" is also widely accepted.

guestimate

The manager asked for a quick guestimate of the project's cost.

Noun
  1. an estimate that combines reasoning with guessing

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