Definitions for: Estimate

[n] 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"
[n] an approximate calculation of quantity or degree or worth; "an estimate of what it would cost"; "a rough idea how long it would take"
[n] the respect with which a person is held; "they had a high estimation of his ability"
[n] a document appraising the value of something (as for insurance or taxation)
[n] a statement indicating the likely cost of some job; "he got an estimate from the car repair shop"
[v] form an opinion about; judge tentatively; form an estimate of, as of quantities or time; "I estimate this chicken to weigh at three pounds"
[v] judge to be probable

Webster (1913) Definition: Es"ti*mate, v. t. [imp. & p. p. Estimated; p. pr. &
vb. n. Estimating.] [L. aestimatus, p. p. of aestimare. See
Esteem, v. t.]
1. To judge and form an opinion of the value of, from
imperfect data, -- either the extrinsic (money), or
intrinsic (moral), value; to fix the worth of roughly or
in a general way; as, to estimate the value of goods or
land; to estimate the worth or talents of a person.

It is by the weight of silver, and not the name of
the piece, that men estimate commodities and
exchange them. --Locke.

It is always very difficult to estimate the age in
which you are living. --J. C.

2. To from an opinion of, as to amount,, number, etc., from
imperfect data, comparison, or experience; to make an
estimate of; to calculate roughly; to rate; as, to
estimate the cost of a trip, the number of feet in a piece
of land.

Syn: To appreciate; value; appraise; prize; rate; esteem;
count; calculate; number. -- To Estimate, Esteem.
Both these words imply an exercise of the judgment.
Estimate has reference especially to the external
relations of things, such as amount, magnitude,
importance, etc. It usually involves computation or
calculation; as, to estimate the loss or gain of an
enterprise. Esteem has reference to the intrinsic or
moral worth of a person or thing. Thus, we esteem a man
for his kindness, or his uniform integrity. In this
sense it implies a mingled sentiment of respect and
attachment. We esteem it an honor to live in a free
country. See Appreciate.

Es"ti*mate, n.
A valuing or rating by the mind, without actually measuring,
weighing, or the like; rough or approximate calculation; as,
an estimate of the cost of a building, or of the quantity of
water in a pond.

Weigh success in a moral balance, and our whole
estimate is changed. --J. C.

Syn: Estimate, Estimation, Esteem.

Usage: The noun estimate, like its verb, supposes chiefly an
exercise of judgment in determining the amount,
importance, or magnitude of things, with their other
exterior relations; as, an estimate of expenses
incurred; a true estimate of life, etc. Esteem is a
moral sentiment made up of respect and attachment, --
the valuation of a person as possessing useful
qualities or real worth. Thus we speak of the esteem
of the wise and good as a thing greatly to be desired.
Estimation seems to waver between the two. In our
version of the Scriptures it is used simply for
estimate; as, ``If he be poorer than thy estimation.''
--Lev. xxvii. 8. In other cases, it verges toward
esteem; as, ``I know him to be of worth and worthy
estimation.'' --Shak. It will probably settle down at
last on this latter sense. ``Esteem is the value we
place upon some degree of worth. It is higher than
simple approbation, which is a decision of judgment.
It is the commencement of affection.'' --Gogan.

No; dear as freedom is, and in my heart's Just
estimation prized above all price. --Cowper.

Synonyms: appraisal, approximate, approximation, count on, estimation, estimation, estimation, forecast, gauge, guess, idea, judge

See Also: allow, assess, assessment, calculate, calculation, capitalisation, capitalization, cipher, commercial document, commercial instrument, computation, compute, count, cypher, dead reckoning, esteem, figure, figuring, give, guess, guessing, guesstimate, guesstimate, guesswork, guestimate, judgement, judgment, lowball, make, misgauge, overappraisal, overestimate, overestimate, overestimate, overestimation, overestimation, overrate, overrating, overreckoning, overvaluation, place, put, quantise, quantize, reckon, reckoning, regard, report, reputation, respect, scalage, set, shot, statement, take into account, truncate, underestimate, underestimate, underestimation, underrating, underreckoning, work out

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