guesstimate Definition
an estimate that is made using little information, often when no exact figure is available.
Using guesstimate: Examples
Take a moment to familiarize yourself with how "guesstimate" can be used in various situations through the following examples!
Example
I don't have the exact numbers, but my guesstimate is around 50 people.
Example
The project budget was based on a guesstimate of the costs involved.
Example
Without any data, we can only make a guesstimate of the market size.
guesstimate Synonyms and Antonyms
Synonyms for guesstimate
- approximation
- ballpark figure
- rough calculation
Phrases with guesstimate
an estimate that is based on some knowledge or experience, rather than being completely random
Example
Based on my educated guesstimate, we will need at least 100 chairs for the event.
an estimate that is not based on any facts or knowledge, and is therefore likely to be inaccurate
Example
His wild guesstimate of the cost was way off the mark.
back-of-the-envelope guesstimate
a rough calculation made quickly and without much thought, often on a scrap of paper
Example
I did a back-of-the-envelope guesstimate of the total cost, and it came out to around $5000.
Origins of guesstimate
blend of 'guess' and 'estimate'
Summary: guesstimate in Brief
'Guesstimate' [ˈɡestəmeɪt] is an estimate made with limited information, often when an exact figure is not available. It is commonly used in phrases like 'educated guesstimate,' which implies some knowledge or experience, and 'wild guesstimate,' which suggests a lack of accuracy. 'Back-of-the-envelope guesstimate' refers to a quick, rough calculation.
