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Estimate

Noun, Verb
UK /ˈes.tɪ.meɪt/
US /ˈes.tə.meɪt/

Definition

(v) : To guess or roughly calculate value, cost, size, or amount.
(n) : A rough calculation or guess.

Example

"(v) : Can you estimate the time needed?"

"(v) : The teacher asked students to estimate how many books were in the library."

"(n) : The builder gave an estimate of the repair costs, but the final price was slightly higher."

Explanation

Estimate means to guess or calculate the value, size, or amount of something, usually when exact information is not available. For example, you can estimate the cost of repairing a car before the final bill comes. It can also mean a rough calculation or statement of how much something will cost, weigh, or take in time. Businesses often use estimates before making decisions, and builders give cost estimates before starting work. It helps people plan even without exact numbers.