Definition of estimate in English:

estimate

Line breaks: es¦ti|mate

verb

Pronunciation: /ˈɛstɪmeɪt
 
/
[with object]
Roughly calculate or judge the value, number, quantity, or extent of: the aim is to estimate the effects of macroeconomic policy on the economy [with clause]: it is estimated that smoking causes 100,000 premature deaths every year (as adjective estimated) an estimated cost of $1,000 million
More example sentences
  • But which valuation methods are most suitable for estimating these external costs?
  • For that reason, estimating the net asset value can be a dangerous business.
  • The average mean dose of irradiation was six times the quantity estimated by the doctor.
Synonyms
roughly calculate, approximate, make an estimate of, guess, evaluate, judge, gauge, reckon, rate, appraise, form an opinion of, form an impression of, get the measure of, determine, weigh up
informal size up, guesstimate
consider, believe, guess, reckon, deem, hold, judge, adjudge, surmise, rate, gauge, take, suppose; regard as being, view as being, see as being, class as being, think of as being, look on as being; be of the opinion, conjecture
formal opine

noun

Pronunciation: /ˈɛstɪmət
 
/
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1An approximate calculation or judgement of the value, number, quantity, or extent of something: at a rough estimate, staff are recycling a quarter of paper used
More example sentences
  • Current market estimates place values of more than €500 million on the airline.
  • Though such estimates may be of value for research or policy purposes, using them to scare the public cannot be considered legitimate.
  • Official estimates put the value of the conference to the Manchester economy at more than £2m.
1.1A written statement indicating the likely price that will be charged for specified work or repairs: compare costs by getting estimates from at least two firms
More example sentences
  • The cost of simply getting a quote or estimate for its repair will likely amount to a fair percentage of the replacement cost.
  • They were told to get an estimate of the likely cost of ramps and bring it before parish councillors again.
  • He said the company carries out measurements for homes and provides estimates free of charge.
1.2A judgement of the worth or character of someone or something: his high estimate of the poem
More example sentences
  • His real kindness was shown by genial estimates of character and liberal appreciation of the labours of others engaged in kindred studies.
  • It's how you make any sort of estimate of the character of a public figure.
  • They can only make fair estimates of their physical characteristics or their personality traits.
Synonyms
evaluation, estimation, judgement, gauging, rating, appraisal, opinion, view, analysis

Origin

late Middle English: from Latin aestimat- 'determined, appraised', from the verb aestimare. The noun originally meant 'intellectual ability, comprehension' (only in late Middle English), later 'valuing, a valuation' (compare with estimation). The verb originally meant 'to think well or badly of someone or something' (late 15th century), later 'regard as being, consider to be' (compare with esteem).

Derivatives

estimative

Pronunciation: /-mətɪv/
adjective
More example sentences
  • In October 1965, the Joint Intelligence Committee (the United Kingdom's highest estimative body) advised the political leadership that even a full trade embargo would ‘not in itself have crippling effects on the Rhodesian economy.’
  • Intelligence analysts, though, use estimative processes to create some analyses, thus ‘artificially creating the future through the selection of starting assumptions and scenario creation’.
  • Our failure to detect a traveling wave in this ratio could not be attributed to the low power of the test, as the estimative power was high.

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Pronunciation: grəˈmɛːrɪən
noun
a person who studies and writes about grammar