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The definition of estimate

7 Definitions of: estimate

    1. verb, to form an approximate idea of (distance, size, cost, etc); calculate roughly; gauge
    2. verb, to form an opinion about; judge
    3. verb, to submit (an approximate price) for (a job) to a prospective client
    4. verb, statistics to assign a value (a point estimate) or range of values (an interval estimate) to a parameter of a population on the basis of sampling statistics. See estimator
    5. noun, an approximate calculation
    6. noun, a statement indicating the likely charge for or cost of certain work
    7. noun, a judgment; appraisal; opinion
    8. Show me some examples of this word: estimate
    9. Show me the etymology of the word: estimate

From Collins