1es·ti·mate 
/ˈɛstəmət/ noun
plural es·ti·mates /ˈɛstəmət/ noun 1 [count] : a guess that you make based on the information you have about the size, amount, etc., of something
▪ According to government estimates, current oil reserves are 10 percent lower than they were a year ago. ▪ One conservative estimate is that he stole five million dollars. ▪ At a (very) rough estimate, the job will take three months. 2 [count] : a statement about how much a job will cost
▪ We solicited several estimates for the project. ▪ The contractor's estimate for the job seemed high. 3 : an opinion or judgment about how good or bad something is [singular] ▪ He has a high estimate [=opinion, estimation] of his own abilities. [noncount] ▪ The company's products are, by general estimate, poorly made.
▪ According to government estimates, current oil reserves are 10 percent lower than they were a year ago. ▪ One conservative estimate is that he stole five million dollars. ▪ At a (very) rough estimate, the job will take three months.
▪ We solicited several estimates for the project. ▪ The contractor's estimate for the job seemed high.
