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estimate

Syllabification: es·ti·mate

Definition of estimate in English:

verb

Pronunciation: /ˈestəˌmāt
 
/
[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 $140,000,000
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
calculate roughly, approximate, guess;
evaluate, judge, gauge, reckon, rate, determine
informal guesstimate, ballpark
consider, believe, reckon, deem, judge, rate, gauge

noun

Pronunciation: /ˈestəmət
 
/
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1An approximate calculation or judgment of the value, number, quantity, or extent of something: at a rough estimate, our staff is recycling a quarter of the 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 judgment 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, judgment, rating, appraisal, opinion, view

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).

More
  • This is from Latin aestimare ‘determine, appraise’, also the source of Middle English esteem for how people value or regard you.

Derivatives

estimative

1
Pronunciation: /ˈestəˌmātiv/
adjective
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.

Words that rhyme with estimate

guesstimate, underestimateguesstimate, underestimate

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