DictionaryestimationApproximate calculation
noun

estimation

es-tih-MAY-shuhn/ˌestɪˈmeɪʃn/

A judgment of something's amount or worth.

Comparing counted beans with the jar's contents allows a rough estimation of the total.

Person judges approximate jar contents by comparing a few counted beans to large jar; only functional note '≈100' on small paper, no other words.
Etymology

The noun names the act or result of appraising. Its early meanings included judgment and opinion, connecting valuation with the broader sense of an approximate assessment rather than an exact measurement.

In context

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all the money that they were spending you know in my estimation three to four hundred million dollars a year in order to get new american customers is gone
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More examples

  • In my estimation, she is the best person for the job.
  • Accurate estimation of travel time helps us avoid delays.
  • The new evidence lowers our estimation of the team's chances.

Forms

estimation · estimations

estimate verb — To judge an amount or value approximately.

Similar words

estimate
Usually refers to a specific approximate number or cost.
assessment
Emphasizes evaluating quality or condition rather than calculating amounts.
appraisal
Often means a formal judgment of monetary value.