Meaning of “estimated” in the English Dictionary


"estimated" in Business English

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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)