estimate

/'estimit - 'estimeit/

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The word "estimate" can be both a noun and a verb, and it is commonly used in English to express an approximate calculation or judgment about something. Let's break it down:

As a Noun:

1. Meaning: An estimate is a judgment or calculation about the value, amount, or cost of something. It gives you an idea of what to expect, but it is not exact.

   • Example: "He got an estimate from the car repair shop for how much it would cost to fix his car." (This means he received a rough calculation of the repair cost.)

2. Usage: You can use "estimate" when talking about costs, time, or quantities. It is often used in business, construction, and everyday situations.

3. Advanced Usage: In formal contexts, you might refer to an "appraisal" for things like property or insurance, which is a detailed estimate of value.

4. Different Meanings: The word can also refer to how people view each other. For example, "In my estimation, she is very talented," means you think she is talented based on your judgment.

As a Verb:

1. Meaning: To estimate means to make a judgment about something based on what you know, but not with complete certainty.

   • Example: "I estimate that it will take about an hour to finish the project." (This means you believe it will likely take an hour, but you're not certain.)

2. Usage: Use the verb form when you are making an educated guess about quantities, time, or costs.

Word Variants:

• Estimator: A person or tool that makes estimates. For example, "The estimator calculated the cost of the new building."
• Estimation: The process of making an estimate. For example, "Her estimation of the time needed was accurate."

Synonyms:

• Approximation
• Calculation
• Assessment
• Valuation
• Judgment

Idioms and Phrasal Verbs:

• "Take a stab at it": This means to try to estimate or guess something, often without a lot of information.

  • Example: "I’m not sure about the answer, but I’ll take a stab at it."

• "Ballpark figure": This phrase refers to a rough estimate or approximation.

  • Example: "Can you give me a ballpark figure of how much this will cost?"

Summary:

In summary, "estimate" is a versatile word used to express a rough calculation or judgment about costs, time, or value, whether it’s about a car repair, a project timeline, or someone's abilities.

Academic

Noun

1. the respect with which a person is held
   • they had a high estimation of his ability
2. a statement indicating the likely cost of some job
   • he got an estimate from the car repair shop
3. a document appraising the value of something (as for insurance or taxation)
4. a judgment of the qualities of something or somebody
   • many factors are involved in any estimate of human life
   • in my estimation the boy is innocent
5. an approximate calculation of quantity or degree or worth
   • an estimate of what it would cost
   • a rough idea how long it would take

Verb

1. judge to be probable
2. judge tentatively or form an estimate of (quantities or time)
   • I estimate this chicken to weigh three pounds

Synonyms

• estimation
• appraisal
• approximation
• idea
• calculate
• reckon
• count on
• figure
• forecast
• gauge
• approximate
• guess
• judge