Meaning of “estimated” in the English Dictionary

business-english dictionary

"estimated" in Business English

See all translations

estimatedadjective [ before noun ]

uk /ˈestɪmeɪtɪd/ us /-ṱɪd/

used when saying what the cost, size, value, etc. of something is believed to be, although it is not known for certain:

The business is worth an estimated $250 million.
The estimated cost of the building project is well over £1 million.

(Definition of “estimated” from the Cambridge Business English Dictionary © Cambridge University Press)