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Meaning of estimated price
The primary meaning of "estimated price" refers to the approximate cost or value of something, often determined through calculation, assessment, or expert opinion.
Etymology of estimated price
The word "estimated" comes from the Latin "aestimare," meaning "to value" or "to appraise."
The word "price" has its roots in the Old French "pris," derived from the Latin "pretium," meaning "price" or "value."
Historically, the concept of estimated price has been used in trade, commerce, and finance to facilitate transactions and negotiations.
Synonyms
approximate cost
projected cost
expected price
forecasted price
predicted price
assessed value
appraised value
valuation
quote
quotation
estimated cost
estimated value
rough estimate
rough cost
ballpark figure
approximate value
probable cost
likely price
supposed price
conjectured price
guessed price
speculative price
presumptive price
putative price
supposed cost
estimated expenses
estimated expenditure
estimated outlay
Definitions
- The estimated price is the amount that something is likely to cost, based on a rough calculation or assessment.
- It can also refer to the value of something as determined by a person or organization with expertise in the field.
- Estimated price can be used in various contexts, including business, finance, and everyday transactions.
Usage Examples
- The company provided an estimated price for the project, which was higher than we had anticipated.
- The real estate agent gave us an estimated price for the house, based on its condition and location.
- The store provided an estimated price for the repairs, which we accepted and paid for.
Antonyms
exact cost
actual price
precise value
fixed price
firm price
definite cost
certain value
confirmed price
agreed price
settled price
final cost
absolute value
strict price
rigid cost
unyielding price
inflexible price
unwavering cost