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Of an investment, to make sense financially or to be expected to generate the desired returns.
Definition source: English Wiktionary via Wiktextract
Topics: business
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
To roughly calculate the expected returns of an investment.
Definition source: English Wiktionary via Wiktextract
Topics: business
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
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.