estimate

[ˈɛstəmeɪt]

estimate Definition

• 1. an approximate calculation or judgement of the value, number, quantity, or extent of something
• 2. a statement indicating the likely cost of a job or product

Using estimate: Examples

Take a moment to familiarize yourself with how "estimate" can be used in various situations through the following examples!

• Example

  The estimate for the project was too high.

• Example

  Can you give me an estimate of how long it will take?

• Example

  The repairman gave us an estimate for the cost of fixing the car.

• Example

  The estimate of the crowd size was around 10,000 people.

estimate Synonyms and Antonyms

Synonyms for estimate

• approximation
• assessment
• evaluation
• guess
• prediction

Antonyms for estimate

• exactness
• precision

Idioms Using estimate

• estimate time of arrival (ETA)

  the expected time when someone or something will arrive at a certain place

  Example

  What's your ETA for the airport?

• estimate the damage

  to assess the extent of harm or injury caused by something

  Example

  After the storm, we went outside to estimate the damage to our property.

• estimate on the high side

  to make an estimate that is higher than the actual value

  Example

  The contractor estimated on the high side, so we ended up paying less than we expected.

Phrases with estimate

• ballpark estimate

  an approximate calculation or judgement of the value, number, quantity, or extent of something that is not precise

  Example

  I can give you a ballpark estimate of how much the repairs will cost.

• conservative estimate

  an approximate calculation or judgement of the value, number, quantity, or extent of something that is intentionally low or cautious

  Example

  The conservative estimate for the number of attendees was around 500 people.

• rough estimate

  an approximate calculation or judgement of the value, number, quantity, or extent of something that is not exact or detailed

  Example

  I can give you a rough estimate of how much the new furniture will cost.

Origins of estimate

from Latin 'aestimatus', meaning 'appraised'

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Summary: estimate in Brief

The term 'estimate' [ˈɛstəmeɪt] refers to an approximate calculation or judgement of the value, number, quantity, or extent of something. It can be used to indicate the likely cost of a job or product, as in 'The repairman gave us an estimate for the cost of fixing the car.' Phrases like 'ballpark estimate' and 'rough estimate' denote imprecise calculations, while idioms like 'estimate time of arrival' and 'estimate the damage' are used in specific contexts.