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English definition of “estimation”

estimation

noun
 
 
/ˌestɪˈmeɪʃən/
[S] your opinion of someone or something: in sb's estimation In my estimation a lot of other banks are going to have the same problem.
[C] a guess about the cost, size, value, etc. of something: computer-aided estimations an estimation of the cost
(Definition of estimation from the Cambridge Business English Dictionary © Cambridge University Press)
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