estimate

Meanings

1. 1
   noun

   A rough guess about the size, value, or cost of something.

   My estimate of the repair cost was about three hundred dollars.

2. 2
   verb

   To make a rough guess about the size, value, or amount of something.

   I estimate that we will need four hundred chairs for the event.

3. 3
   noun

   A written statement of how much a job is likely to cost.

   The builder sent us an estimate for the kitchen work.

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.

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