120 Another Word for Estimated Bid? – Estimated Bid Synonyms & Antonyms

Want to say estimated bid differently? Here are other words for estimated bid and its similar synonyms and opposite words to say in unique way.


Meaning of estimated bid

The primary meaning of "estimated bid" refers to an approximate value or cost of something, typically provided before the actual cost is known.

Etymology of estimated bid

The word "estimated" comes from the Latin "aestimare," meaning "to value" or "to estimate."
The word "bid" has its roots in Old English "biddan," meaning "to ask" or "to offer."
The phrase "estimated bid" has been used in business and economics since the 19th century to describe an approximate value or cost of a product, service, or project.

Synonyms

projected bid anticipated offer predicted cost forecasted price expected quote approximate bid rough estimate tentative offer proposed bid suggested price quoted price assessed value evaluated bid appraised cost calculated bid reckoned offer guessed bid speculative bid hypothetical bid theoretical bid conceptual bid estimated cost estimated price estimated value estimated amount budgeted bid allotted bid designated bid assigned bid prescribed bid stipulated bid

Definitions

  • A bid or offer that is based on an approximate calculation or judgment of the cost or value of something.
  • * An estimated amount that a person or organization is willing to pay or accept for a particular product, service, or project.

Usage Examples

  • The company submitted an estimated bid for the construction project, which was higher than expected.
  • * The artist provided an estimated bid for the commissioned painting, taking into account the cost of materials and time.
  • * The contractor gave us an estimated bid for the renovation, but the final cost ended up being higher due to unforeseen expenses.

Antonyms

exact bid precise offer accurate quote fixed price firm bid definitive offer confirmed bid finalized bid settled bid agreed-upon bid set bid specified bid detailed bid thorough bid comprehensive bid exhaustive bid meticulous bid
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