A wide view or the range visible at a glance; figuratively, it can mean an outlook or overall perspective.
丘の上からは町が一望でき、見渡しがとても良かった。
From the hilltop you could see the whole town; the view was excellent.
海を見渡しながら朝食を食べるのが好きだ。
I like eating breakfast while overlooking the sea.
現時点では事業の見渡しが立たないので慎重に判断する必要がある。
At present there's no clear outlook for the business, so we need to decide cautiously.