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estimation,

 

Definitions from the Web

Estimation

Definition:

Estimation refers to the process of making an approximate calculation or judgment about a quantity, value, or extent of something.

Part of Speech:

Noun

Senses:

Sense 1:

A rough calculation or educated guess

Example sentence: My estimation is that it will take us about two weeks to complete this project.

Sense 2:

The act of forming an opinion or belief

Example sentence: Based on the available evidence, my estimation is that she is innocent.

Sense 3:

The value assigned to something, often based on market or economic factors

Example sentence: The accurate estimation of the property's worth helped us in making a fair offer.

Sense 4:

An approximate calculation or judgment of the size, amount, or cost of something

Example sentence: The estimation of the audience size for the event was surprisingly accurate.

Usage:

Estimation is commonly used in various contexts such as business, finance, statistics, and everyday conversations to provide rough calculations, form opinions, assign values, and make approximate judgments.

Related Products:

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