ES'TIMATE, L. oestimo. See Esteem.
1. To judge and form an opinion of the value of to rate by judgment or opinion, without weighing or measuring either value, degree, extent or quantity. We estimate the value of cloth by inspection, or the extend of a piece of land, or the distance of a mountain. We estimate the worth of a friend by his known qualities. We estimate the merits or talents of two different men by judgment. We estimate profits, loss and damage. Hence,
2. To compute to calculate to reckon.
ES'TIMATE, n. A valuing or rating in the mind a judgment or opinion of the value, degree, extent or quantity of any thing, without ascertaining it. We form estimates of the expenses of a war, of the probable outfits of a voyage, of the comparative strength or merits of two men, of the extent of a kingdom or its population. Hence estimate may be equivalent to calculation, computation, without measuring or weighing.
1. Value.