estimate
pronunciation
How to pronounce estimate in British English:
UK [ˈestɪmət , ˈestɪmeɪt]
How to pronounce estimate in American English:
US [ˈestɪmət , ˈestɪmeɪt]
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- Noun:
- an approximate calculation of quantity or degree or worth
- a judgment of the qualities of something or somebody
- a document appraising the value of something (as for insurance or taxation)
- a statement indicating the likely cost of some job
- the respect with which a person is held
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- Verb:
- judge tentatively or form an estimate of (quantities or time)
- judge to be probable
Word Origin
- estimate (n.)
- 1560s, "valuation," from Latin aestimatus "determine the value of," figuratively "to value, esteem," verbal noun from aestimare (see esteem (v.)). Earlier in sense "power of the mind" (mid-15c.). Meaning "approximate judgment" is from 1580s. As a builder's statement of projected costs, from 1796.
- estimate (v.)
- 1530s, "appraise the worth of," from Latin aestimatus, past participle of aestimare "to value, appraise" (see esteem (v.)). Meaning "form an approximate notion" is from 1660s. Related: Estimated; estimates; estimating.
Example
- 1. The average estimate of 26 analysts surveyed by bloomberg was 14 cents .
- 2. Eu officials estimate the bacterial outbreak has cost farmers millions of dollars .
- 3. We cannot estimate how far the businiss will succeed .
- 4. Say you hit the top end of that estimate .
- 5. They estimate a new word is created every 98 minutes .