approximate budget
[/əˈprɒksɪmət ˈbʌdʒɪt/]
nounpl: approximate budgets
orçamento aproximado
1. A preliminary financial estimate or plan that is not exact but provides a reasonable estimate of expected costs or expenditures
The approximate budget for the renovation project is $50,000.
O orçamento aproximado para o projeto de renovação é de $50.000.
2. A rough calculation of funds needed for a specific purpose or period, subject to changes
We prepared an approximate budget before requesting detailed quotes from contractors.
Preparamos um orçamento aproximado antes de solicitar orçamentos detalhados dos contratantes.
In both Brazilian and American business contexts, approximate budgets are commonly used in initial project planning stages. In Brazil, it's standard practice to present an 'orçamento aproximado' before formal negotiations, while in the USA, the term 'ballpark figure' is more colloquially prevalent. Both cultures understand that approximate budgets are flexible and subject to revision as more detailed information becomes available.
NYC Slang
ballpark estimate
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