Approximating: meaning, definitions and examples

Use when providing a value or judgment that is close enough to the actual one but not exact. Often used in mathematical or technical contexts.

• We are approximating the value to make the calculations simpler.
• The engineer is approximating the dimensions of the structure.

Used when making an educated guess or judgement based on available information. Commonly used in finance, project planning, and when some data is missing.

• The contractor is estimating the cost of the project.
• I'm estimating we'll need about 50 liters of paint.

Used when providing a value or answer without sufficient information, essentially relying on intuition. This term often has a negative or informal connotation.

• I'm just guessing, but I think she will come to the party.
• Without the data, it feels like we're just guessing.

Used when determining a value through mathematical methods or using precise methods. It implies a high level of accuracy.

• The accountant is calculating the annual revenue.
• You need to be careful when calculating the dosage.