estimate

noun /'estɪmət/
1. a calculation of the probable cost, size or time of something
Can you give me an estimate of how much time was spent on the job?
at a conservative estimate probably underestimating the final figure
Their turnover has risen by at least 20% in the last year, at a conservative estimate.
these figures are only an estimate these are not the final accurate figures
2. a calculation by a contractor or seller of a service of how much something is likely to cost, given to a client in advance of an order
You should ask for an estimate before committing yourselves.
Before we can give the grant we must have an estimate of the total costs involved.
Unfortunately the final bill was quite different from the estimate.
to put in an estimate to give someone a written calculation of the probable costs of carrying out a job
Three firms put in estimates for the job.
verb /'estɪmeɪt/
1. to calculate the probable cost, size or time of something
to estimate that it will cost £1m or to estimate costs at £1m
We estimate current sales at only 60% of last year. 2.
to estimate for a job to state in writing the future costs of carrying out a piece of work so that a client can make an order
Three firms estimated for the refitting of the offices.

Dictionary of banking and finance. 2015.

Synonyms:

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 — ▪ 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 …   Financial and business terms

  • 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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