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English definition of “gauge”

gauge

verb [T]     /ɡeɪdʒ/
to make a judgment about something: What's the best way to gauge real levels of tax evasion?gauge what/who/how sth It's not difficult to gauge how the markets will react to the latest fall in interest rates.
to calculate an amount, especially by using a measuring device
(Definition of gauge verb from the Cambridge Business English Dictionary © Cambridge University Press)
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