Definition of Estimate. Meaning of Estimate. Synonyms of Estimate

Here you will find one or more explanations in English for the word Estimate. Also in the bottom left of the page several parts of wikipedia pages related to the word Estimate and, of course, Estimate synonyms and on the right images related to the word Estimate.

Definition of Estimate

Estimate
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 (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. It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them. --Locke. It is always very difficult to estimate the age in which you are living. --J. C. Shairp. 2. 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. Syn: To appreciate; value; appraise; prize; rate; esteem; count; calculate; number. -- To Estimate, Esteem. Both these words imply an exercise of the judgment. Estimate has reference especially to the external relations of things, such as amount, magnitude, importance, etc. It usually involves computation or calculation; as, to estimate the loss or gain of an enterprise. Esteem has reference to the intrinsic or moral worth of a person or thing. Thus, we esteem a man for his kindness, or his uniform integrity. In this sense it implies a mingled sentiment of respect and attachment. We esteem it an honor to live in a free country. See Appreciate.

Meaning of Estimate from wikipedia

- Estimation (or estimating) is the process of finding an estimate or approximation, which is a value that is usable for some purpose even if input data...
- A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process....
- An estimate is an approximation based on incomplete information. Estimate may also refer to: Estimates, annual preliminary budget forecasts in the Westminster...
- The Combat Estimate, also known as the Seven Questions is a sequence of questions used by military commanders, usually in contact with the enemy, to plan...
- statistics, the method of estimating equations is a way of specifying how the parameters of a statistical model should be estimated. This can be thought of...
- In statistics, an estimator is a rule for calculating an estimate of a given quantity based on observed data: thus the rule (the estimator), the quantity...
- In demographics, an intercensal estimate is an estimate of po****tion between official census dates with both of the census counts being known. Some nations...
- government, the Estimates are an outline of government spending for the following fiscal year presented by the cabinet to parliament. The Estimates are drawn...
- differential equations, an a priori estimate (also called an apriori estimate or a priori bound) is an estimate for the size of a solution or its derivatives...
- This article lists current estimates of the world po****tion in history. In summary, estimates for the progression of world po****tion since the Late...