Estimate (noun) Definition, Meaning & Examples

verb (used with object), es·ti·mat·ed, es·ti·mat·ing.
  1. to form an approximate judgment or opinion regarding the worth, amount, size, weight, etc., of; calculate approximately: to estimate the cost of a college education.
  2. to form an opinion of; judge.
verb (used without object), es·ti·mat·ed, es·ti·mat·ing.
  1. to make an estimate.
noun
  1. an approximate judgment or calculation, as of the value, amount, time, size, or weight of something.
  2. a judgment or opinion, as of the qualities of a person or thing.
  3. a statement of the approximate charge for work to be done, submitted by a person or business firm ready to undertake the work.
verb (ˈɛstɪˌmeɪt)
  1. to form an approximate idea of (distance, size, cost, etc); calculate roughly; gauge
  2. to form an opinion about; judge
  3. to submit (an approximate price) for (a job) to a prospective client
  4. to assign a value (a point estimate) or range of values (an interval estimate) to a parameter of a population on the basis of sampling statistics
noun (ˈɛstɪmɪt)
  1. an approximate calculation
  2. a statement indicating the likely charge for or cost of certain work
  3. a judgment; appraisal; opinion
Estimate (noun) Definition, Meaning & Examples

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