Meaning of “cost estimate” in the English Dictionary


"cost estimate" in Business English

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cost estimatenoun [ C ]

uk us

a calculation of the probable cost of a product or project, based on information relating to the price of materials, labour, etc.:

give/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)