Definition Of estimate

verb

an approximate calculation or judgment of the value, number, quantity, or extent of something.

at a rough estimate, our staff is recycling a quarter of the paper used

roughly calculate or judge the value, number, quantity, or extent of.

the aim is to estimate the effects of macroeconomic policy on the economy

Example Of estimate

  • According to some estimates , the building society is worth more than €1 billion.

  • at a rough estimate, our staff is recycling a quarter of the paper used

  • at a rough estimate, staff are recycling a quarter of paper used

  • But which valuation methods are most suitable for estimating these external costs?

  • Current estimates value the ISP at £340 million - half what it was estimated to be worth a year ago.


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