Approximation

/əˌprɒksɪˈmeɪʃən/

Meaning & Definition

noun
A value or quantity that is nearly but not exactly correct.
The approximation of the total cost helped the team stay within budget.
An estimation or rough calculation.
For the sake of simplicity, we used an approximation of the distance.
A mathematical or statistical approach that is close to the actual value or solution.
In this method, we derived an approximation of the function using a polynomial.

Etymology

From Latin 'approximatio', meaning 'a coming near'.

Common Phrases and Expressions

in the approximation of
in a manner that is close to or nearly equal to something else.
good approximation
a sufficiently close or accurate estimation for practical purposes.
close approximation
an estimation that is nearly correct or similar to the actual value.

Related Words

estimate
A rough calculation of value, number, quantity, or extent.
calculation
The act or process of using mathematics to find an answer.
similarity
The quality of being alike or resembling something.

Slang Meanings

Close guess
It's just a close guess, no need to stress!
Ballpark figure
Give me a ballpark figure of how much this will cost.