- The definition of an estimate is an opinion or a guess of the size, worth or cost of something.
An example of an estimate is a list of times and charges that it may cost to complete a construction job.
- To estimate is defined as to form an opinion or to guess something’s size, cost or value.
An example of to estimate is to look at a damaged car and see how much it may cost to repair.
A businessman works on an estimate for a building project.Licensed from iStockPhoto
- to form an opinion or judgment about
- to judge or determine generally but carefully (size, value, cost, requirements, etc.); calculate approximately
Origin: ; from Classical Latin aestimatus, past participle of aestimare: see esteem
- a general calculation of size, value, etc.; esp., an approximate computation of the probable cost of a piece of work made by a person undertaking to do the work
- an opinion or judgment
Used by arrangement with John Wiley & Sons, Inc.
transitive verb es·ti·mat·ed, es·ti·mat·ing, es·ti·mates
- To calculate approximately (the amount, extent, magnitude, position, or value of something).
- To form an opinion about; evaluate: “While an author is yet living we estimate his powers by his worst performance” (Samuel Johnson).
- The act of evaluating or appraising.
- A tentative evaluation or rough calculation, as of worth, quantity, or size.
- A statement of the approximate cost of work to be done, such as a building project or car repairs.
- A judgment based on one's impressions; an opinion.
Origin: Latin aestimāre, aestimāt-.
- esˈti·maˌtive adjective
- esˈti·maˌtor noun