What does "ballpark figure" mean?

An educated guess or estimation within acceptable bounds.

Ballpark figure

Common synonyms include: approximate result, approximation, approximations, averages, dead reckoning, estimated value.

noun

noun ·Rare ·Advanced level

Noun

1
An educated guess or estimation within acceptable bounds. US, idiomatic
"No more stalling. Give me a ballpark figure of our projected losses."

"No more stalling. Give me a ballpark figure of our projected losses."

Operating on the themes discussed at in the ballpark § Etymology.