Estimate

//ˈɛs.tɪ.mət// adj, noun, verb

Definitions

Adjective
  1. 1
    estimated obsolete, rare
Noun
  1. 1
    A rough calculation or assessment of the value, size, or cost of something.

    "“They know our boats will stand up to their work,” said Willison, “and that counts for a good deal. A low estimate from us doesn't mean scamped work, but just that we want to keep the yard busy over a slack time.”"

  2. 2
    a judgment of the qualities of something or somebody wordnet
  3. 3
    A rough calculation or assessment of the value, size, or cost of something.; A document (or verbal notification) specifying how much a job is likely to cost. specifically
  4. 4
    an approximate calculation of quantity or degree or worth wordnet
  5. 5
    An upper limitation on some positive quantity.

    "The desired norm estimate is now obtained from the identity... [referring to an earlier statement saying that a certain norm is less than or equal to a certain expression]"

Show 3 more definitions
  1. 6
    the respect with which a person is held wordnet
  2. 7
    a document appraising the value of something (as for insurance or taxation) wordnet
  3. 8
    a statement indicating the likely cost of some job wordnet
Verb
  1. 1
    To calculate roughly, often from imperfect data.

    "I estimate that I need 400 board feet of lumber to complete a job, and then order 350 because I do not want a surplus, or perhaps order 450 because I do not want to make any subsequent orders."

  2. 2
    judge tentatively or form an estimate of (quantities or time) wordnet
  3. 3
    To judge and form an opinion of the value of, from imperfect data.

    "It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them."

  4. 4
    judge to be probable wordnet

Etymology

Etymology 1

From Middle English estimat, borrowed from Latin aestimātus (“valuing, estimate”, only used in the ablative singular: "aestimātū..." (in valuing...)), from aestimō + -tus (“action noun-forming suffix”).

Etymology 2

Borrowed from Latin aestimātus, perfect passive participle of aestimō (“to estimate”) (see -ate), older form aestumō (“to value, rate, esteem”); from Old Latin *ais-temos (“one who cuts copper”), meaning one in the Roman Republic who mints money. Compare Middle English estymatt (“reputed”) / estimat. See also the doublet esteem, as well as aim.

Etymology 3

From Latin aestimātus (“estimated”), see -ate (adjective-forming suffix) and Etymology 2 for more. Originally used as the past participle of estimate; compare generate or communicate.

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