estimate
verb [ T ]
uk/ˈestɪmeɪt/ usto say what you believe the cost, size, value, etc. of something is, although you do not know for certain:
estimate how much/many We should be able to estimate how many customers we will have each month.
Several online calculators allow you to estimate your carbon emissions.
estimate that sth Some analysts estimate that about a quarter of career-track hires in recent years have been women.
estimate sth to be sth The knock-on economic benefit is estimated to be about 1200 jobs.
estimate sth at sth Global oil reserves were estimated at 1,000 billion barrels.
estimate
noun [ C ]
uk/ˈestɪmət/ usa guess as to what the size, value, amount, etc. of something might be:
make/give/provide an estimate (of sth) Please provide an estimate of the increased cost for your business per annum.
The estimates are based on a survey done in the early 1990s, so may no longer be accurate.
The best estimate puts the total number of sales at about 1,000.
a preliminary/initial/early estimate
rough/accurate estimate At a rough estimate, three-quarters of the farms listed are working farms.
a conservative/realistic/reasonable estimate
COMMERCE
a statement for a possible customer about how much a piece of work should cost:
give sb/provide/prepare an estimate He will compile the specifications, draw up plans, and prepare an estimate.
ask for/obtain an estimate (for sth) We can offer advice on how to obtain estimates for minor repairs.
If it is discovered that the cost will be greater than originally estimated, a revised estimate may then be sent to you.
See also
cost estimate
earnings estimate
insurance estimate