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Meaning of rule of thumb

Source language: EnglishDictionary language: English

rule of thumb

Pronunciation:

noun

Definitions

  1. A general guideline, rather than a strict rule; an approximate measure or means of reckoning based on experience or common knowledge.

    Example: The usual rule of thumb says that to calculate when an investment will double, divide 70 by the interest rate.

  2. (usually hyphenated) Approximated, guesstimated.

    Example: I made a quick, rule-of-thumb estimate of the manhours required for the job.