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Estimate Meaning: Definition, Examples, and Translations

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estimate

[หˆษ›stษชmeษชt ]

Definitions

Context #1 | Verb

project evaluation

To roughly calculate or judge the value, number, quantity, or extent of something.

Synonyms

approximate, assess, calculate.

Examples of usage

  • Can you estimate how much the project will cost?
  • I estimate that it will take about two hours to complete.
Context #2 | Noun

project management

An approximate calculation or judgment of the value, number, quantity, or extent of something.

Synonyms

appraisal, assessment, calculation.

Examples of usage

  • The estimate for the project was higher than expected.
  • We need to provide a cost estimate for the client.

Translations

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Origin of 'estimate'

The word 'estimate' originates from the Latin word 'aestimatus', meaning 'to value or assess'. It entered the English language in the late 16th century. The concept of estimation has been crucial in various fields, such as business, construction, and project management, to determine costs and quantities with a degree of approximation.

See also: estimated, estimates, estimating, estimation, estimations, estimator, inestimable, misestimation, overestimate, overestimated, overestimation, underestimate, underestimated, underestimating, underestimation.

Word Frequency Rank

This word ranks #1,515, placing it within important intermediate vocabulary. Learning it will significantly improve your ability to express yourself in English.