Meaning of the word estimation in English

What does estimation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

estimation

US /ˌes.təˈmeɪ.ʃən/
UK /ˌes.tɪˈmeɪ.ʃən/
"estimation" picture

Noun

1.

a judgment or opinion about the worth, value, or quality of something or someone

Example:
•
In my estimation, the project will be completed on time.
•
He holds her in high estimation.
2.

the process of calculating or judging the size, amount, or nature of something without measuring it exactly

Example:
•
The architect provided an estimation of the construction costs.
•
Accurate estimation is crucial for project planning.