estimate

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Concise Oxford English Dictionary © 2008 Oxford University Press:
estimate
verb /ˈɛstɪmeɪt/ roughly calculate or judge the value, number, quantity, or extent of. noun /ˈɛstɪmət/ 
  • 1 an approximate calculation or judgement.

    ■ a written statement indicating the likely price that will be charged for specified work.

  • 2 an assessment of the worth of someone or something.
– derivatives
estimation noun,
estimative /-mətɪv/ adjective,
estimator noun.
– origin ME: from L. aestimat-, aestimare ‘determine, appraise’.
'estimate' also found in these Oxford entries:

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