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estimate   (estimates plural & 3rd person present) (estimating present participle) (estimated past tense & past participle )
The verb is pronounced [PH:e][PH:s][PH:t][PH:I][PH:m][PH:e][PH:I][PH:t]. The noun is pronounced [PH:e][PH:s][PH:t][PH:I][PH:m][PH:&][PH:t].  
1  verb If you estimate a quantity or value, you make an approximate judgment or calculation of it. 
Try to estimate how many steps it will take to get to a close object...  V wh 
I estimate that the total cost for treatment will be V that 12,500..., He estimated the speed of the winds from the degree of damage...  V n 
Some analysts estimate its current popularity at around ten per cent...  V n at amount 
♦  estimated  adj a ADJ amount 
There are an estimated 90,000 gangsters in the country.  
2  n-count An estimate is an approximate calculation of a quantity or value. 
usu with supp, oft N of/for n 
...the official estimate of the election result..., This figure is five times the original estimate...  
3  n-count An estimate is a judgment about a person or situation which you make based on the available evidence. 
oft with poss, N of n 
I hadn't been far wrong in my estimate of his grandson's capabilities.  
4  n-count An estimate from someone who you employ to do a job for you, such as a builder or a plumber, is a written statement of how much the job is likely to cost.