Pronunciation

/ˈestɪmeɪt/

Definitions

• Noun (n): A rough calculation or assessment of something, typically based on limited information. For example: “They provided a cost estimate for the repairs.”

  • An opinion or judgment about the quality, nature, or value of something. Example: “The expert’s estimate of the painting’s age was accurate.”

• Verb (v): To calculate or judge the value, size, amount, or cost of something roughly. Example: “We need to estimate how much paint we’ll need for the project.”

  • To form an opinion about; to evaluate or appraise. Example: “She estimated that it would take two weeks to finish the task.”

Phrases

• “Make an estimate” means to calculate a probable value or cost.
• “To give/receive an estimate” refers to providing or getting a rough calculation of something.
• “Ballpark estimate” is an informal term for a rough but fairly close approximation.

Example Sentences

• Noun: “The insurance adjuster provided a damage estimate after the storm.”
• Verb: “I’m estimating that we will complete this project by the end of the quarter.”

Synonyms

• Approximation
• Assessment
• Evaluation
• Calculation
• Guess
• Projection
• Appraisal
• Estimation
• Judgment
• Estimate (as a verb): predict, gauge, reckon, forecast, figure, contemplate, surmise