Estimation (Noun)
Meaning 1
A document appraising the value of something (as for insurance or taxation).
Classification
Nouns denoting communicative processes and contents.
Examples
- The insurance company's estimation of the damaged property's value was significantly lower than the homeowner's expected amount.
- The tax authority's estimation of the company's annual income was based on the previous year's financial records.
- The appraiser's estimation of the antique's value was crucial in determining the sale price at the auction.
- The estimation of the artwork's value was a complex process that involved consulting multiple experts in the field.
- The government's estimation of the property's value was used to determine the amount of taxes owed by the landowner.
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Meaning 2
A judgment of the qualities of something or somebody; "many factors are involved in any estimate of human life"; "in my estimation the boy is innocent".
Classification
Nouns denoting acts or actions.
Examples
- The art critic's estimation of the painter's skill was higher than the gallery owner's.
- Her estimation of his intelligence was confirmed by his exceptional performance.
- The expert's estimation of the building's worth was well above market value.
- The doctor's estimation of the patient's chances of recovery was guarded but optimistic.
- The committee's estimation of the proposal's potential for success led to its approval.
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Meaning 3
The respect with which a person is held; "they had a high estimation of his ability".
Classification
Nouns denoting cognitive processes and contents.
Examples
- She had a high estimation of her colleague's professionalism after witnessing his presentation.
- The community had a great estimation of the volunteer's dedication to helping the homeless.
- Her peers had a low estimation of her management skills due to her poor communication.
- He earned a high estimation from his professors after submitting an exceptional thesis.
- The public's estimation of the politician decreased significantly after the scandal broke out.
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Meaning 4
An approximate calculation of quantity or degree or worth; "an estimate of what it would cost"; "a rough idea how long it would take".
Classification
Nouns denoting cognitive processes and contents.
Examples
- The company's estimation of the project's duration was three months, but it ended up taking six.
- The estimation of the damage caused by the storm was initially low, but it turned out to be much higher.
- Based on the estimation of the number of attendees, the event organizers decided to rent a larger venue.
- The estimation of the car's value was higher than expected, which made it easier to sell.
- The engineer's estimation of the time required to complete the repairs was spot on, and the work was finished on schedule.
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Hyponyms
- Guesstimate
- Underrating
- Dead Reckoning
- Overrating
- Guess
- Scalage
- Shot
- Underestimate
- Overestimate
- Guessing
- Overreckoning
- Underreckoning
- Credit Rating