estimate
/ˈɛstɨmɨt/
Dictionary
noun
- A rough calculation or assessment of the value, size, or cost of something.
- (construction and business) A document (or verbal notification) specifying how much a job is likely to cost.
- An upper limitation on some positive quantity.
verb
- To calculate roughly, often from imperfect data.
- To judge and form an opinion of the value of, from imperfect data.
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