1 estimate | Definition of estimate

estimate

verb
es·​ti·​mate | \ ˈe-stə-ˌmāt How to pronounce estimate (audio) \
estimated; estimating

Definition of estimate

 (Entry 1 of 2)

transitive verb

1 archaic

a : esteem
b : appraise
2a : to judge tentatively or approximately the value, worth, or significance of
b : to determine roughly the size, extent, or nature of
c : to produce a statement of the approximate cost of

estimate

noun
es·​ti·​mate | \ ˈe-stə-mət How to pronounce estimate (audio) \

Definition of estimate (Entry 2 of 2)

1 : the act of appraising or valuing : calculation
2 : an opinion or judgment of the nature, character, or quality of a person or thing had a high estimate of his abilities
3a : a rough or approximate calculation
b : a numerical value obtained from a statistical sample and assigned to a population parameter
4 : a statement of the cost of work to be done

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Other Words from estimate

Verb

estimative \ ˈe-​stə-​ˌmā-​tiv How to pronounce estimative (audio) \ adjective

Choose the Right Synonym for estimate

Verb

estimate, appraise, evaluate, value, rate, assess mean to judge something with respect to its worth or significance. estimate implies a judgment, considered or casual, that precedes or takes the place of actual measuring or counting or testing out. estimated the crowd at two hundred appraise commonly implies the fixing by an expert of the monetary worth of a thing, but it may be used of any critical judgment. having their house appraised evaluate suggests an attempt to determine relative or intrinsic worth in terms other than monetary. evaluate a student's work value equals appraise but without implying expertness of judgment. a watercolor valued by the donor at $500 rate adds to estimate the notion of placing a thing according to a scale of values. a highly rated restaurant assess implies a critical appraisal for the purpose of understanding or interpreting, or as a guide in taking action. officials are trying to assess the damage

Examples of estimate in a Sentence

Verb

They estimated the distance at about three miles. We need to estimate how much paint we'll need for the job. The cost of the project has been estimated at about 10 million dollars. He estimates that current oil reserves are 20 percent lower than they were a year ago.

Noun

According to government estimates, current oil reserves are 10 percent lower than they were a year ago. One conservative estimate is that he stole five million dollars. We solicited several estimates for the project. The contractor's estimate for the job seemed high. The company's products are, by general estimate, poorly made.
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Recent Examples on the Web: Verb

Ms Wang estimates that, all told, the money spent on unofficial gambling is at least five times that wagered on the state lottery. The Economist, "The Chinese state manages the world’s second-biggest lottery industry," 31 Aug. 2019 In June, analysts with Barclays estimated that the change would cost Uber and Lyft an extra $3,625 per driver in California—adding up to more than $500 million a year for Uber and $290 million for Lyft. Wired, "A California Bill Has Uber and Lyft Running Scared," 30 Aug. 2019 Lights Out Cleveland volunteer Tim Jasinski estimates the group has picked up some 5,000 birds since its inception two years ago. Zachary Lewis, cleveland.com, "Lights Out Cleveland group stands up for birds by turning down the lights," 30 Aug. 2019 Boshek estimated the permitting process for the longer-term measures would take about two years. Karen Berkowitz, chicagotribune.com, "Park District of Highland Park seeks infusion of emergency sand for Rosewood Beach damaged by erosion," 29 Aug. 2019 The city estimates construction will take three months to complete. Daily Pilot, "Work targeting stink at Laguna Beach wastewater station is set to begin Tuesday," 29 Aug. 2019 National Transportation Safety Board estimates seat belt usage in passenger vehicles saved almost 15,000 lives in 2017. Leada Gore | Lgore@al.com, al, "Alabama changes seat belt law: Starting Sept. 1, all people in vehicles must be buckled up," 27 Aug. 2019 In documents submitted to the city, Dominium estimated the project cost could reach $100 million. Nick Ferraro, Twin Cities, "Developer has housing plan for former Kmart site in West St. Paul," 27 Aug. 2019 Earlier this year Altria executives estimated annual U.S. cigarette volumes would decline between 4% and 6% through 2023, sending company shares down sharply. CBS News, "Philip Morris and Altria, separated a decade ago, are in talks to merge," 27 Aug. 2019

Recent Examples on the Web: Noun

That drop was offset by the increase in consumer spending to a rate of 4.7%, up from an initial estimate of 4.3%. Martin Crutsinger, USA TODAY, "Thanks to consumers, the US economy is still rising steadily," 29 Aug. 2019 That drop was offset by the increase in consumer spending to a rate of 4.7%, up from an initial estimate of 4.3%. CBS News, "U.S. economy slowed slightly in second quarter," 29 Aug. 2019 Combining those results with ONS data on how much people spend on groceries, creates an estimate for Brexit’s effect on prices. Amanda Shendruk, Quartz, "How will a no-deal Brexit affect food prices?," 27 Aug. 2019 City Finance Director Matt Rubino noted earlier that there was a considerable amount of money left over from an estimate on what turned out to be a very low bid to replace a fire station roof. Thomas Jewell, cleveland.com, "Ball put in play for new turf at Cisar baseball field in Solon Community Park," 26 Aug. 2019 Officials did not immediately provide an estimate for reopening. Lauren Hernández, SFChronicle.com, "Crash closes northbound Highway 101 near 9th Street off-ramp in San Francisco," 22 Aug. 2019 That total is an estimate of its sales along with sales from The RealReal, which went public in June, Poshmark, eBay, Plato's Closet, Buffalo Exchange and a host of others. Maria Halkias, Dallas News, "Retail Therapy: J.C. Penney and Macy's test the 'pre-loved' business with thredUP," 22 Aug. 2019 An estimate from the National Retail Federation puts staff turnover at 60%, so there is certainly an imperative to hire strategically to cut down on attrition. Rob Csernyik, Quartz at Work, "Why is “courage” suddenly such a popular job requirement?," 20 Aug. 2019 Those claims could become test cases that offer an estimate of what PG&E’s total liability will be for the Tubbs fire. Mark Chediak, Bloomberg.com, "PG&E Faces Fresh Pain as Old Fire Claims Return to Haunt It," 19 Aug. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'estimate.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of estimate

Verb

circa 1532, in the meaning defined at sense 1a

Noun

1552, in the meaning defined at sense 1

History and Etymology for estimate

Verb

Latin aestimatus, past participle of aestimare to value, estimate

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