- estimate (n.)
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- 1560s, "valuation," from Latin aestimatus "determine the value of," figuratively "to value, esteem," verbal noun from aestimare (see esteem (v.)). Earlier in sense "power of the mind" (mid-15c.). Meaning "approximate judgment" is from 1580s. As a builder's statement of projected costs, from 1796.
- estimate (v.)
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- 1530s, "appraise the worth of," from Latin aestimatus, past participle of aestimare "to value, appraise" (see esteem (v.)). Meaning "form an approximate notion" is from 1660s. Related: Estimated; estimates; estimating.