Walking out of a meeting today, talking about next year’s tech budget, I thought I coined a new, very useful term:

Asstimate (v) – to make a wild ass guess as to a number; to pull a number out of your ass. Usage "I’m not really sure how much that would be, but if I had to asstimate, i’d say about $4MM."

I was pretty excited at my neologism, but then a quick google search proved me to be not as clever as I thought. You can’t hide from Google.