æstimate

Noun

estimate (plural estimates)

1. A rough calculation or assessment of the value, size, or cost of something.
   • “They know our boats will stand up to their work,” said Willison, “and that counts for a good deal. A low estimate from us doesn't mean scamped work, but just that we want to keep the yard busy over a slack time.”1928, Lawrence R. Bourne, chapter 3, in Well Tackled!

   Synonyms:

   estimation, appraisal

   1. (specifically) A document (or verbal notification) specifying how much a job is likely to cost.
2. An upper limitation on some positive quantity.
   • The desired norm estimate is now obtained from the identity... [referring to an earlier statement saying that a certain norm is less than or equal to a certain expression]1992, Louis de Branges, “The convergence of Euler functions”, in Journal of Functional Analysis, →DOI, page 185

See all 6 meanings of estimate