forereckoning

Example:The approximation of population growth was sufficient for the long-term planning of urban infrastructure.

Definition:A calculation that is not exact but is close enough to be used in the situation at hand.

Example:An estimate of the project’s cost was necessary before proceeding with detailed planning.

Definition:An approximate calculation or judgment of the value, number, quantity, or extent of something.

Example:The calculation of the company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) was crucial for the financial analysis.

Definition:A problem in arithmetic, especially one involving credentials, the answer to which is calculated.