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English definition of “estimate”

estimate

noun [C]     /ˈes.tɪ.mət/
B2 a guess of what the size, value, amount, cost, etc. of something might be: The number of people who applied for the course was 120 compared with an initial estimate of between 50 and 100. We'll accept the lowest of three estimates for the building work. a conservative (= low) estimate a rough (= not exact) estimateGuesses and assumptions
(Definition of estimate noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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