Estimations Meaning: Definition, Examples, and Translations

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estimations

[หŒษ›stษชหˆmeษชสƒษ™nz ]

Definitions

Context #1 | Noun

in mathematics

Estimations are rough calculations or guesses about the value, size, or extent of something. They are used when exact information is not available or when a quick answer is needed.

Synonyms

approximation, assessment, guess.

Which Synonym Should You Choose?

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Word Description / Examples
estimations

Used when referring to a calculation or judgment of the value, number, quantity, or extent of something. It's usually based on some form of data or expertise.

  • The engineer's estimations suggest that the project will cost around $1 million.
  • Their financial estimations were surprisingly accurate.
approximation

Used when referring to a value or number that is close to but not exactly equal to another. Often used when precise data is unavailable.

  • This map provides only a rough approximation of the route.
  • Can you give me an approximation of how long the meeting will last?
guess

Used when making a prediction or estimate without sufficient information or data, often based on intuition or casual reasoning. Generally seen as less accurate or reliable.

  • Just take a guess at how many candies are in the jar.
  • I'd guess he's around 30 years old.
assessment

Used when referring to the process of evaluating or analyzing the value, importance, or condition of something, often by experts.

  • The teacher's assessment of the student's work was very thorough.
  • We need a risk assessment before starting the new project.

Examples of usage

  • We made estimations of the cost before starting the project.
  • Her estimation of the time required was way off.
  • The estimations for the number of attendees were surprisingly accurate.
Context #2 | Noun

general usage

Estimations can also refer to the esteem or respect in which someone is held.

Synonyms

esteem, regard, respect.

Which Synonym Should You Choose?

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Word Description / Examples
estimations

Used when referring to approximate calculations or assessments of value, quantity, or extent.

  • The project manager provided rough estimations of the costs involved.
  • His estimations of the time required were not accurate.
regard

Used to indicate consideration or attention towards someone or something; can also imply respect but is generally less intense than 'esteem'.

  • The company holds its customers in high regard.
  • I have a great deal of regard for her opinions.
esteem

Used to express a high regard or appreciation for someone or something; often implies admiration or respect. Can sometimes sound formal or old-fashioned.

  • She held her mentor in high esteem.
  • His work earned him great esteem among his colleagues.
respect

Used when showing or feeling admiration for someone because of their abilities, qualities, or achievements; also used to show consideration for others by acknowledging their feelings or rights.

  • She has earned the respect of everyone in the office.
  • It's important to treat everyone with respect.

Examples of usage

  • She is held in high estimation by her colleagues.
  • Their estimations of his abilities were proven wrong.
Context #3 | Noun

business

In a business context, estimations are predictions or forecasts of future outcomes, often related to financial performance.

Synonyms

forecast, prediction, projection.

Which Synonym Should You Choose?

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Word Description / Examples
estimations

Best used when giving a rough calculation or judgement about the size, number, or value of something based on available information.

  • The estimations for the cost of the project were higher than expected
  • Our initial estimations may need to be adjusted after gathering more data

Examples of usage

  • The company's estimations for next quarter's profits are optimistic.
  • Our estimations show a steady growth in sales over the next year.

Translations

To see the translation, please select a language from the options available.

Interesting Facts

Mathematics

  • Estimations are often used in math to quickly assess a number without calculating the exact answer.
  • In statistics, estimation helps people understand trends and make predictions based on sample data.
  • Estimation techniques can simplify complex problems, making them easier to solve.

Economics

  • In economics, estimations are crucial for budgeting, allowing businesses to project future expenses and revenues.
  • Economic forecasts rely heavily on estimations to guide government policies and investment decisions.
  • Estimating demand helps companies decide how much product to produce to avoid waste and maximize profit.

Science

  • Scientists use estimation when measuring large distances in space, as accurate tools may not always be available.
  • In experiments, estimations can help determine sample sizes needed for reliable results.
  • Estimations in environmental studies help clarify the potential impacts of climate change projections.

Psychology

  • Humans often rely on estimations as a cognitive shortcut, which can lead to biases in decision-making.
  • Estimations can reveal how people perceive risks and rewards, influencing choices in uncertain situations.
  • Mental math estimations are a sign of numerical fluency, which varies across individuals and cultures.

Everyday Life

  • People routinely make estimations when cooking, like guessing how much spice to add without measuring.
  • In everyday conversations, people might estimate time, saying it will take 'about an hour' to reach a destination.
  • Estimation plays a role in sports, as athletes gauge distances or times to enhance their performance.

Origin of 'estimations'

The word 'estimations' originates from the Latin word 'aestimatio', meaning 'a valuation or an estimation'. Over time, it evolved to encompass both the mathematical concept of rough calculations and the general sense of esteem or respect. The use of estimations in various fields like mathematics, business, and interpersonal relationships has made it a versatile and commonly used term in everyday language.


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

Word Frequency Rank

With rank #19,240, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.