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estimate

noun
/ˈɛs.tɪ.mət//ˈɛs.tɪˌmeɪt/

Etymology

Borrowed from Latin aestimātus, perfect passive participle of aestimō (“to estimate”) (see -ate), older form aestumō (“to value, rate, esteem”); from Old Latin *ais-temos (“one who cuts copper”), meaning one in the Roman Republic who mints money. Compare Middle English estymatt (“reputed”) / estimat. See also the doublet esteem, as well as aim.

  1. borrowed from aestimātus
  2. inherited from estimat

Definitions

  1. A rough calculation or assessment of the value, size, or cost of something.

    • “They know our boats will stand up to their work,” said Willison, “and that counts for a good deal. A low estimate from us doesn't mean scamped work, but just that we want to keep the yard busy over a slack time.”

  2. An upper limitation on some positive quantity.

    • The desired norm estimate is now obtained from the identity... [referring to an earlier statement saying that a certain norm is less than or equal to a certain expression]

  3. To calculate roughly, often from imperfect data.

    • I estimate that I need 400 board feet of lumber to complete a job, and then order 350 because I do not want a surplus, or perhaps order 450 because I do not want to make any subsequent orders.
    • Higher real prices for durables are estimated to have reduced their consumption per capita by 1.09% in 1930, […]
  4. ›+ 2 more definitions

    1. To judge and form an opinion of the value of, from imperfect data.

      • It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them.
      • It is always very difficult to estimate the age in which you are living.

    2. estimated

The neighborhood

Derived

ballpark estimate, cost estimate, counterestimate, Fermi estimate, costimate, guesstimate, guestimate, misestimate, reestimate, subestimate, estimable, estimatable, estimatingly, estimation, estimator, overestimate, underestimate

Vish — recursive loop

A definitional loop anchored at estimate. Each word in the ring is defined by the next; follow the chain far enough and it folds back on itself. Scroll to it and watch.

01estimate02calculation03calculating04interests05interest06price07estimation

A definitional loop anchored at estimate. Each word in the ring appears in the definition of the next; follow the chain far enough and it folds back on itself.

7 hops · closes at estimate

curated · pre-corpus. live cycle detection across the full graph is the next major milestone.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA