Usually means: Rough estimate, usually about cost.
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We found 5 dictionaries that define the word ball park figure:

General (1 matching dictionary)
  1. ball park figure: Wiktionary

Business (1 matching dictionary)
  1. Ball park figure: Legal dictionary

Computing (1 matching dictionary)
  1. Ball park figure: Encyclopedia

Medicine (1 matching dictionary)
  1. Ball park figure: Medical dictionary

Slang (1 matching dictionary)
  1. ball-park figure: Urban Dictionary

Definitions from Wiktionary (Ball park figure)

noun:  Alternative spelling of ballpark figure [(chiefly US, idiomatic) An educated guess or estimation within acceptable bounds.]

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