- gauge
- ▪ I. gauge gauge 1 [geɪdʒ] verb [transitive]1. to measure how people feel about something or the effect that something is likely to have on them:
• The magazine commissioned research to gauge opinions on how British industry is meeting its environmental responsibilities.
• extensive testing to gauge consumer reactions
2. to calculate what is likely to happen in the future, using a particular method or set of figures:• US retail sales will help gauge how the economy is faring.
• The building society hopes to gauge the likely demand for each property before the auction starts.
[m0] ▪ II. gauge gauge 2 noun [countable]1. a measurement of how people feel about something or the effect that something is likely to have on them:• The survey is an important gauge of attitudes and aspirations among college freshmen.
2. ECONOMICS a method or set of figures that helps to calculate what is likely to happen in the future:• The government's economic forecasting gauge rose for the fifth month in a row.
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Ⅰ.gauge UK US /geɪdʒ/ verb [T]► to make a judgment about something: »What's the best way to gauge real levels of tax evasion?
gauge what/who/how sth »It's not difficult to gauge how the markets will react to the latest fall in interest rates.
► to calculate an amount, especially by using a measuring deviceⅡ.gauge UK US /geɪdʒ/ noun [C]► a way of measuring or understanding something, for example, people's opinions or a level of something: a gauge of sth »Productivity is an important gauge of economic performance.
»It's not easy to get any kind of accurate gauge of what young people think about this.
► a method, set of calculations, etc. used to try to predict what will happen in the future: »According to the government's economic forecasting gauge, inflation will fall by another 1% next year.
► a piece of equipment for measuring the amount or size of something: »a fuel gauge
Financial and business terms. 2012.