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estimate
The word centers on the concept of "approximation" and the acceptance of a margin of error. It is used when precision is either impossible, impractical, or not yet available. In a technical or financial context, it carries a professional tone of projection. Unlike a "guess," which implies randomness, an estimate suggests a calculation based on some level of existing knowledge or data. When applied to people (as in being "highly estimated"), the word shifts from mathematical approximation to moral valuation. In this sense, it is more formal and less common than "respect" or "value," suggesting a weighted judgment of one's character.
💬Casual Conversation
Yo, any clue what the estimate for that server fix is? Boss is breathing down my neck.
I'm not touching it until you actually try restarting it first. Stop slacking.
Meanings
To roughly calculate or judge the value, number, quantity, or size of something.
"The contractor will estimate the cost of the renovations by tomorrow."
To form an opinion or judgment about the nature, character, or worth of someone or something.
"He is highly estimated by his colleagues for his integrity."
To calculate approximately without precise measurement.
"Experts estimate that the population will double in ten years."