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Estimate (Verb) [I,T]
|ˈestəˌmāt|

Definition:
To calculate or guess what you think the value, size, amount, etc. of something will probably be.

Examples:
We estimate the project will take 6 months to complete.
The value of the deal is estimated at £12m.

Derivatives:
– to make an estimate (noun) [C]
– to give an estimation (noun)