[ˈɛstɪmeɪt], (Verb)

Definitions:
- roughly calculate or judge the value, number, quantity, or extent of
(e.g: the aim is to estimate the effects of macroeconomic policy on the economy)


Phrases:

Origin:
late Middle English: from Latin aestimat- ‘determined, appraised’, from the verb aestimare. The noun originally meant ‘intellectual ability, comprehension’ (only in late Middle English), later ‘valuing, a valuation’ (compare with estimation). The verb originally meant ‘to think well or badly of someone or something’ (late 15th century), later ‘regard as being, consider to be’ (compare with esteem)

[ˈɛstɪmət], (Noun)

Definitions:
- an approximate calculation or judgement of the value, number, quantity, or extent of something
(e.g: at a rough estimate, staff are recycling a quarter of paper used)


Phrases:

Origin:
late Middle English: from Latin aestimat- ‘determined, appraised’, from the verb aestimare. The noun originally meant ‘intellectual ability, comprehension’ (only in late Middle English), later ‘valuing, a valuation’ (compare with estimation). The verb originally meant ‘to think well or badly of someone or something’ (late 15th century), later ‘regard as being, consider to be’ (compare with esteem)