rough calculation; estimate; preliminary budget
Meanings
2 senses · 7 examplesverb
to estimate roughly; to make a rough calculation
Used in financial, engineering, or planning contexts to indicate a preliminary calculation before detailed budgeting.
Please make a rough estimate of how much capital this project will require.
The designer made a rough calculation of the renovation costs, which will be about two hundred thousand yuan.
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We can only estimate roughly; we can't give exact figures.
noun
rough estimate; preliminary budget figures (proposed before final budget preparation)
formalIn financial administration, refers to the initial draft figures that serve as the basis for detailed budget preparation.
This year's preliminary budget has already been compiled.
This is the preliminary estimate for the project; the specific figures still need to be verified.
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Government budget estimates are usually announced at the beginning of the year.
This preliminary estimate is ten percent higher than last year's budget.