Definition of Estimate
Estimate
es·ti·mate
Definition/Meaning
(verb)
to judge or calculate the quantity, extent, or value of something to an approximation or rough amount;
e.g. He tried to estimate how many people were present.
(noun)
a rough judgement or approximate calculation of the quantity, extent, or value of something;
e.g. Our best estimate was that it would take a week to complete.
(noun)
a statement or document outlining the potential price that will be charged for some specific job;
e.g. The workshop gave us an estimate for the repairs on the car.
(noun)
a judgement or opinion of the nature or quality of someone or something;
e.g. In her estimate, they can do much better than they have done.
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