Definition of "estimate" []

• To calculate approximately (the amount, extent, magnitude, position, or value of something). (verb-transitive)
• To form an opinion about; evaluate: "While an author is yet living we estimate his powers by his worst performance” ( Samuel Johnson). (verb-transitive)
• The act of evaluating or appraising. (noun)
• A tentative evaluation or rough calculation, as of worth, quantity, or size. (noun)
• A statement of the approximate cost of work to be done, such as a building project or car repairs. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "I have forced myself to stop refreshing Google news and the like, and attempted to focus on work the rest of the day, so I wouldn't be surprised that the estimate is as high as 100k-500k by now."
• "This estimate is therefore preliminary, pending a review of the language of the reconciliation proposal, as well as further review and refinement of the budgetary projections."
• "If this estimate is accurate, remittances would surpass tourism to become Mexico's third largest source of foreign income after manufacturing and oil."