Meaning of “ballpark” in the English Dictionary

"ballpark" in American English

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ballparknoun [ C ]

us /ˈbɔl·pɑrk/

ballpark noun [ C ] (PLACE FOR SPORTS)

a large structure enclosing a field on which games, esp. baseball games, are played

ballpark noun [ C ] (ACCEPTABLE RANGE)

an acceptable range in the amount or number of something when you do not know or cannot agree on an exact amount or number:

I’d sell the house for $500,000, but his offer isn’t even in the ballpark.
A ballpark figure of $3,000 would be realistic.

(Definition of “ballpark” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"ballpark" in Business English

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ballparknoun [ C ]

uk /ˈbɔːlpɑːk/ us
be in the same ballpark

to be of a similar amount or at a similar level:

The monthly costs of cable and satellite service are generally in the same ballpark for comparable packages.
be in the (right) ballpark

to be close to the correct amount:

Accounts receivable may be less than the printed numbers, but they're in the right ballpark.

ballparkadjective [ before noun ]

uk /ˈbɔːlpɑːk/ us

a ballpark cost or figure is a number that is a guess, but that you believe is near the correct number:

Do you have a ballpark figure of what the tax increases will be?
a ballpark estimate

(Definition of “ballpark” from the Cambridge Business English Dictionary © Cambridge University Press)