Definition, Meaning & Synonyms
estimation
noun
/ˌɛstəˈmeɪʃən/
Definition
An estimation is an approximate calculation or judgment regarding the value, number, quantity, or extent of something.
Examples
- The estimation of the project’s cost took several weeks.
- The teacher provided an estimation of how long it would take to complete the assignment.
- In her estimation, the event was a success.
Meaning
It refers to the process of forming an idea or judgment about a quantity or value.
Synonyms
- Assessment
- Approximation
- Judgment
- Evaluation
