estimate
/ˈɛs.tɪ.mət/ noun, verb, adjective
Forms estimates estimating estimated æstimate
- noun A rough calculation or assessment of the value, size, or cost of something.
- noun (specifically in business and construction) A document (or verbal notification) specifying how much a job is likely to cost.
- noun An upper limitation on some positive quantity.
- verb To calculate roughly, often from imperfect data.
- verb To judge and form an opinion of the value of, from imperfect data.
- adjective (obsolete, rare) estimated
Synonyms
estimation appraisal appraise assess approximate put give approximation idea gauge guess judge calculate reckon count on figure forecast
Etymology
From Middle English estimat, borrowed from Latin aestimātus (“valuing, estimate”, only used in the ablative singular: "aestimātū..." (in valuing...)), from aestimō + -tus (“action noun-forming suffix”).
Borrowed from Latin aestimātus, perfect passive participle of aestimō (“to estimate”) (see -ate), older form aestumō (“to value, rate, esteem”); from Old Latin *ais-temos (“one who cuts copper”), meaning one in the Roman Republic who mints money. Compare Middle English estymatt (“reputed”) / estimat. See also the doublet esteem, as well as aim.
From Latin aestimātus (“estimated”), see -ate (adjective-forming suffix) and Etymology 2 for more. Originally used as the past participle of estimate; compare generate or communicate.
Webster’s 1913
- verb To judge and form an opinion of the value of, from imperfect data, --either the extrinsic (money), or intrinsic (moral), value; to fix the worth of roughly or in a general way; as, to estimate the value of goods or land; to estimate the worth or talents of a person.
- verb To from an opinion of, as to amount,, number, etc., from imperfect data, comparison, or experience; to make an estimate of; to calculate roughly; to rate; as, to estimate the cost of a trip, the number of feet in a piece of land.
- noun A valuing or rating by the mind, without actually measuring, weighing, or the like; rough or approximate calculation; as, an estimate of the cost of a building, or of the quantity of water in a pond.
Etymology [L. aestimatus, p. p. of aestimare. See Esteem, v. t.]
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “estimate”, CC BY-SA 4.0. Details