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Asstimate 

1. to form a totally uneducated guess, judgment, or opinion regarding the worth, amount, size, weight, etc., of; guess without any clue: to totally pull the numbers out of your ass.

2. to form a totally clueless opinion of; judge with your ass.

–verb (used without object)

3. to make an asstimate.

4. To judge how great ass would look without actually seeing it
1. John got shitfaced the night before big meeting and had not looked over the sales data he needed to know. When he was asked about the numbers, he just farted out an asstimate.

2. I totally under-asstimated the tightness and hottness of Beth's ass under that long, flowing dress.
Asstimate by Cynep September 15, 2009
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Asstimate 

An estimate, that when provided to a prospectful customer, will result in them telling you to "shove it up your ass".
I can't believe this asshole wanted me to pay so much?! You can take that ASStimate and shove it right up your ass. I can do it cheaper.
Asstimate by Phonetical Phanatic August 18, 2022

asstimate 

An extremely rough project time or cost estimate based more on gut feeling, vague experience, or sheer improvisation than on data, analysis, or concrete planning. The term is a blend of “ass” (colloquially: pulled from one’s ass) and “estimate.”
"So how long will it take to finish this feature?"
"Honestly, that's just an asstimate right now — somewhere between 2 days and 3 weeks."

"The budget is based on an asstimate. "
asstimate by Racje July 23, 2025

pull-it-out-of-your-asstimate 

A hasty response to a request for data or information, such as project time-frames or costs, that has the appearance of being relevant and well considered while in actuality being largely baseless and pulled from thin air.

Similar to a guesstimate but lacking any forthright element, pull-it-out-of-your-asstimates are typically a response to an unreasonable request or means of quickly escaping an otherwise long, drawn-out and pointless discussion.
Even though I haven't seen any of the requirements or initial design documents the boss wouldn't stop hassling me for a scope of work. I had to give him a pull-it-out-of-your-asstimate of 4 weeks to get him off my case so I could start figuring our what it's really going to take.

Broke-asstinating 

When your ass is too broke to pay your bills, so you put it off until the next pay day.
Quit broke-asstinating and pay your gas bill before they shut it off.
Broke-asstinating by Gurlplease15 January 1, 2016
A man who likes to board another man's poopdeck with his plank.
yo ho, yo ho, asspirates are we, we fuck eachother up the ass with glee!
asspirate by Michael of SoCal February 27, 2007
Someone, almost always a male, who has a masterfull command of another individual's, also almost always a male, buttocks
Person 1:Man, Jerry is such an asspirate.
Person 2: Yeah, he really owns your ass
asspirate by Mr.Grammar May 24, 2003