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Meaning of reestimate
The primary meaning of the word "reestimate" is to estimate something again, often because the original estimate was incorrect or no longer valid.
Etymology of reestimate
The word "reestimate" is derived from the prefix "re-" meaning "again" and the word "estimate" which comes from the Latin "aestimare" meaning "to value" or "to rate".
The word has been in use since the 15th century, and its meaning has evolved over time to include a range of related concepts, such as reassessment and reevaluation.
Synonyms
reassess
reevaluate
recalibrate
reexamine
review
revise
recalculate
rejudge
reinterpret
reanalyze
remark
reinspect
recheck
reweigh
rebalance
readjust
realign
reformulate
redo
restart
rework
remake
retune
refine
retouch
readjust
retool
recharge
renew
restore
revamp
overhaul
reorganize
rethink
reconcile
rescale
resize
revalue
reappraise
reclassify
regauge
regrade
rescore
Definitions
- To form a new estimate or judgment, typically because the original one was incorrect or no longer valid.
- * To reevaluate or reassess something, such as a situation, a person, or a value.
Usage Examples
- The company had to reestimate its budget after the unexpected increase in material costs.
- * The engineer was asked to reestimate the time required to complete the project.
- * The investor decided to reestimate the value of the stock after the company's financial reports were released.