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English definition of “cost estimate”

cost estimate

noun [C]
 
 
a calculation of the probable cost of a product or project, based on information relating to the price of materials, labour, etc.: revised/rising/soaring cost estimatesgive/provide a cost estimate for sth The energy company was unwilling to provide a cost estimate for the plant.
(Definition of cost estimate from the Cambridge Business English Dictionary © Cambridge University Press)
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