Pencil Out Definition

verb

Of an investment , to make sense financially or to be expected to generate the desired returns.

Wiktionary

To roughly calculate the expected returns of an investment.

Wiktionary

Origin of Pencil Out

  • From pencil + out (possibly based on or influenced by work out ), the idea being that rough calculations are temporarily written in pencil rather than permanently written in pen.

    From Wiktionary

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pencil out