What does estimate mean?

Looking for the meaning or definition of the word estimate? Here's what it means.

  1. A general idea about the value, size, or cost of (something).
  2. (construction and business) A document (or verbal notification) specifying how much a job will probably cost.
  3. An upper limitation on some positive quantity.
  1. To calculate roughly, often from imperfect data.
  2. To judge and form an opinion of the value of, from imperfect data.
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