estimate

American  

[es-tuh-meyt, es-tuh-mit, -meyt] / ˈɛs təˌmeɪt, ˈɛs tə mɪt, -ˌmeɪt /

verb (used with object)

estimated, estimating

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.

   Synonyms:

   appraise, evaluate, value, assess, gauge, reckon, count, compute

2. to form an opinion of; judge.

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verb (used without object)

estimated, estimating

1. to make an estimate.

noun

1. an approximate judgment or calculation, as of the value, amount, time, size, or weight of something.

   Synonyms:

   appraisal, calculation, valuation

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.

estimate British  

verb

1. to form an approximate idea of (distance, size, cost, etc); calculate roughly; gauge

2. (tr; may take a clause as object) to form an opinion about; judge

   to estimate one's chances

3. to submit (an approximate price) for (a job) to a prospective client

4. (tr) statistics 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 See estimator

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noun

1. an approximate calculation

2. a statement indicating the likely charge for or cost of certain work

3. a judgment; appraisal; opinion

Other Word Forms

• estimatingly adverb
• estimative adjective
• estimator noun
• preestimate verb (used with object)
• reestimate verb (used with object)
• self-estimate noun
• unestimated adjective
• well-estimated adjective

Etymology

Origin of estimate

First recorded in 1525–35; from Latin aestimātus “valued,” past participle of aestimāre “to value, fix the value of”

Example Sentences

More than 1 million people are estimated to be using weight loss drugs, given as injections, with nine in 10 paying for them privately.

From BBC

An estimated seven million Venezuelans have fled their homeland due to the political and economic crisis and many opposition figures live in exile.

From Barron's

Mayweather is believed to have earned an estimated $300 million from the points victory over the Filipino icon, which remains the most lucrative fight in history and generated more than $600 million revenue.

From Barron's

Mayweather is believed to have earned an estimated $300 million from the unanimous points victory over the Filipino icon, which remains the most lucrative fight in history and generated more than $600 million revenue.

From Barron's

According to a joint World Bank, European Union and United Nations report with Kyiv, published on Monday, the cost of post-war reconstruction is estimated at around $558 billion over the next decade.

From Barron's

Related Words

• appraisal
• assessment
• conclusion
• estimation
• evaluation
• guess
• measure
• measurement
• opinion
• projection
• rating
• survey
• valuation