Thereabouts

Thereabouts=
near that place or number: near that place, amount, number, or time

We're expecting twenty guests or thereabouts.(or some where around the number???)
Is it commonly used?
thanks

From Merriam-Webster:

Main Entry: there·abouts
Variant(s): also there·about
Function: adverb
1 : near that place or time
2 : near that number, degree, or quantity. A boy of 18 or thereabouts.

It is (regrettably) in fairly common usage in the UK.

DFG