noun🔗ShareA rough calculation or assessment of the value, size, or cost of something."The estimate for the new school library project was $50,000. "valuebusinesseconomyfinancemathstatisticsessentialieltstoeicChat with AIVocabulary GamePractice Reading
noun🔗Share(construction and business) A document (or verbal notification) specifying how much a job is likely to cost."The contractor provided an estimate for the new roof, detailing the expected costs. "businesseconomyjobfinanceessentialieltstoeicChat with AIVocabulary GamePractice Reading
noun🔗ShareAn upper limitation on some positive quantity."The estimate for the project's budget is $10,000. "amountnumbermathstatisticsbusinessfinancevalueessentialieltstoeicChat with AIVocabulary GamePractice Reading
verb🔗ShareTo calculate roughly, often from imperfect data."I estimated that I would need about 20 minutes to get to the library, even though traffic might be heavier than usual. "mathstatisticsbusinessscienceessentialieltstoeicChat with AIVocabulary GamePractice Reading
verb🔗ShareTo judge and form an opinion of the value of, from imperfect data."Based on the few clues, I estimate the test will be challenging. "valuebusinessfinanceeconomyessentialieltstoeicChat with AIVocabulary GamePractice Reading