estimate

estimate
▪ I. estimate es‧ti‧mate 1 [ˈestmt] noun [countable]
1. a calculation of what the value, size, amount etc of something will probably be:

• They were able to give us a rough estimate (= a not very exact one ) of the cost.

• Even the most conservative estimates (= deliberately low ) suggest we need to build one million new homes.

2. a statement of how much it will probably cost to build or repair something ; = QUOTATION; QUOTE:

• Get several estimates before starting any building work.

• Nuclear power stations are notoriously unreliable and construction costs go way over original estimates.

  [m0] ▪ II. estimate es‧ti‧mate 2 [ˈestmeɪt] verb [intransitive, transitive]
to calculate what you think the value, size, amount etc of something is or will probably be:

• Officials estimate that supply has exceeded demand by £7.5 billion since the beginning of 2005.

• The value of the deal is estimated at £12 million.

* * *

Ⅰ.
estimate UK US /ˈestɪmeɪt/ verb [T]
► to say what you believe the cost, size, value, etc. of something is, although you do not know for certain: estimate how much/many »

We should be able to estimate how many customers we will have each month.

 »

Several online calculators allow you to estimate your carbon emissions.

 estimate that sth »

Some analysts estimate that about a quarter of career-track hires in recent years have been women.

 estimate sth to be sth »

The knock-on economic benefit is estimated to be about 1200 jobs.

 estimate sth at sth »

Global oil reserves were estimated at 1,000 billion barrels.

Ⅱ.
estimate UK US /ˈestɪmət/ noun [C]
► a guess as to what the size, value, amount, etc. of something might be: make/give/provide an estimate (of sth) »

Please provide an estimate of the increased cost for your business per annum.

 »

The estimates are based on a survey done in the early 1990s, so may no longer be accurate.

 »

The best estimate puts the total number of sales at about 1,000.

 »

a preliminary/initial/early estimate

 rough/accurate estimate »

At a rough estimate, three-quarters of the farms listed are working farms.

 »

a conservative/realistic/reasonable estimate

► COMMERCE a statement for a possible customer about how much a piece of work should cost: give sb/provide/prepare an estimate »

He will compile the specifications, draw up plans, and prepare an estimate.

 ask for/obtain an estimate (for sth) »

We can offer advice on how to obtain estimates for minor repairs.

 »

If it is discovered that the cost will be greater than originally estimated, a revised estimate may then be sent to you.

→ See also COST ESTIMATE(Cf. ↑cost estimate), EARNINGS ESTIMATE(Cf. ↑earnings estimate), INSURANCE ESTIMATE(Cf. ↑insurance estimate)

Financial and business terms. 2012.

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Synonyms:
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Look at other dictionaries:

  • Estimate — Es ti*mate, v. t. [imp. & p. p. {Estimated}; p. pr. & vb. n. {Estimating}.] [L. aestimatus, p. p. of aestimare. See {Esteem}, v. t.] 1. To judge and form an opinion of the value of, from imperfect data, either the extrinsic (money), or intrinsic… …   The Collaborative International Dictionary of English

  • estimate — vb 1 Estimate, appraise, evaluate, value, rate, assess, assay are comparable when meaning to judge a thing with respect to its worth. Estimate usually implies a personal and sometimes a reasoned judgment which, whether considered or casual, is by …   New Dictionary of Synonyms

  • Estimate — Es ti*mate, n. 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. [1913 Webster] Weigh success in …   The Collaborative International Dictionary of English

  • estimate — [es′tə māt΄; ] for n. [, es′təmit] vt. estimated, estimating [< L aestimatus, pp. of aestimare: see ESTEEM] 1. to form an opinion or judgment about 2. to judge or determine generally but carefully (size, value, cost, requirements, etc.);… …   English World dictionary

  • estimate — I (approximate cost) noun admeasurement, aestimatio, appraisal, appraisement, approximate calculation, approximate judgment of value, approximate value, approximation, assessment, calculation, charge, computation, considered guess, educated guess …   Law dictionary

  • estimate — [n] approximate calculation; educated guess appraisal, appraisement, assay, assessment, ballpark figure*, belief, conclusion, conjecture, estimation, evaluation, gauging, guess, guesstimate*, impression, judgment, measure, measurement,… …   New thesaurus

  • estimate — ► NOUN 1) an approximate calculation. 2) a written statement indicating the likely price that will be charged for specified work. 3) a judgement or appraisal. ► VERB ▪ form an estimate of. DERIVATIVES estimation noun estimator …   English terms dictionary

  • estimate — estimate. См. индекс изоляции. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

  • estimate — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ official, unofficial ▪ current, recent ▪ Current estimates suggest that supplies will run out within six months. ▪ early …   Collocations dictionary

  • estimate — I n. 1) to give, make; submit an estimate (the contractors had to submit estimates) 2) (colloq.) (AE) a ballpark ( approximate ) estimate 3) an approximate, rough; conservative; long range; preliminary; short range; written estimate 4) an… …   Combinatory dictionary

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