estimation

noun

es·​ti·​ma·​tion ˌe-stə-ˈmā-shən 

1

: judgment, opinion

a poor choice in my estimation

2

a

: the act of estimating something

b

: the value, amount, or size arrived at in an estimate

3

: esteem, honor

Synonyms

• appraisal
• appraisement
• assessment
• estimate
• evaluation
• fix
• judgment
• judgement
• value judgment

Examples of estimation in a Sentence

This is not, in my estimation, an efficient use of our resources.

She went down in her supporters' estimation after she voted against the plan.

Planning the project requires careful cost estimation.

Recent Examples on the Web

This closeness is the mean estimation error; a model that has a very low estimation error (e.g., is about 5 percentage points off or less) would be very impressive. —Marco Rubio, Newsweek, 1 Nov. 2024

For this purpose, a kernel density estimation was applied to the study blocks, the results of which are consistent with the densities recorded in other Mayan archeological sites such as Oxpemul and Becan. —Anna Lagos, WIRED, 30 Oct. 2024

Per a Forbes estimation, Vance’s main residence in Virginia is worth just under $2 million, and the total value of his real-estate holdings total about $4 million. —Jane Thier, Fortune, 26 Oct. 2024

Handy earnings beats Netflix’s third-quarter earnings and revenue beat LSEG estimations, the company reported Thursday. —Yeo Boon Ping, CNBC, 18 Oct. 2024

Word History

First Known Use

14th century, in the meaning defined at sense 1

Phrases Containing estimation

• point estimation
• re-estimation
• rise in someone's estimation

Kids Definition

estimation

noun

es·​ti·​ma·​tion ˌes-tə-ˈmā-shən 

1

: judgment sense 3, opinion

2

: estimate entry 2 sense 3

3

: esteem entry 1