Estimating Meaning: Definition, Examples, and Translations
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estimating
[หษstษชmeษชtษชล ]
Definitions
business
Approximating the value, size, or cost of something based on available information and expertise.
Synonyms
calculating, evaluating, predicting.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| estimating |
Used when giving a rough or approximate value or number, often without exact data.
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| calculating |
Used when determining a value or outcome using mathematical methods or a systematic process. It often has a precise and methodical connotation.
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| predicting |
Used when forecasting an event or outcome based on current data or trends, often involving some uncertainty.
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| evaluating |
Used when assessing the value, significance, or condition of something, often based on criteria or standards.
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Examples of usage
- We are currently estimating the budget for next year's project.
- The company is estimating the market demand for the new product.
statistics
Determining an unknown quantity or value using statistical methods.
Synonyms
approximating, assessing, measuring.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| estimating |
Used when giving a rough calculation or judgment about the value, size, or amount of something based on available information.
|
| approximating |
Used when giving a value, amount, or time that isn't exact but close to the correct amount, often for quicker or simpler understanding.
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| measuring |
Used when determining the exact size, amount, or degree of something using standard units or instruments.
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| assessing |
Used when evaluating or judging the quality, importance, amount, or value of something often through a detailed examination.
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Examples of usage
- The researchers are estimating the population size using sampling techniques.
- The survey results were used to estimate the average income of the population.
general
A rough calculation or assessment of the value, number, quantity, or extent of something.
Synonyms
assessment, guess, prediction.
Which Synonym Should You Choose?
| Word | Description / Examples |
|---|---|
| estimating |
Used when you need to make an approximate calculation or judgment about a value or quantity based on available information.
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| guess |
Used in casual or less formal situations when you are forming an opinion or estimate without having sufficient information or evidence.
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| assessment |
Commonly used in formal or professional settings to evaluate or measure the value, quality, or importance of something.
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| prediction |
Often used when you are making a statement about what you think will happen in the future based on some analysis or belief.
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Examples of usage
- The estimation of the project cost was higher than expected.
- Her estimation of the time required for the task was inaccurate.
Translations
To see the translation, please select a language from the options available.
Origin of 'estimating'
The word 'estimating' comes from the Middle English word 'estimaten', which is derived from the Old French word 'estimer' and the Latin word 'aestimare', meaning 'to value or appraise'. The concept of estimation has been used in various fields such as business, statistics, and general assessments for centuries.
See also: estimate, estimated, estimates, estimation, estimations, estimator, inestimable, misestimation, overestimate, overestimated, overestimation, underestimate, underestimated, underestimating, underestimation.