Estimate vs. Forecast
Estimate and Forecast Definitions
Estimate
To calculate approximately (the amount, extent, magnitude, position, or value of something).
Forecast
To estimate or predict in advance, especially to predict (weather conditions) by analysis of meteorological data.
Estimate
To form an opinion about; evaluate
"While an author is yet living we estimate his powers by his worst performance" (Samuel Johnson).
Forecast
To serve as an advance indication of; foreshadow
Price increases that forecast inflation.
Estimate
A tentative evaluation or rough calculation, as of worth, quantity, or size
An estimate of the damage caused by the storm.
Forecast
A prediction, as of coming events or conditions
The weather forecast stated that it would rain.
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Estimate
A statement of the approximate cost of work to be done, such as a building project or car repairs.
Forecast
To estimate how something will be in the future.
To forecast the weather, or a storm
To forecast a rise in prices
Estimate
A judgment based on one's impressions; an opinion
I have a high estimate of his character.
Forecast
To foreshadow; to suggest something in advance.
Estimate
A rough calculation or assessment of the value, size, or cost of something.
Forecast
(obsolete) To contrive or plan beforehand.
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Estimate
(construction and business) A document (or verbal notification) specifying how much a job is likely to cost.
Forecast
An estimation of a future condition.
Estimate
An upper limitation on some positive quantity.
Forecast
A prediction of the weather.
What's the forecast for tomorrow?
Estimate
To calculate roughly, often from imperfect data.
Forecast
(betting) exacta
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Estimate
To judge and form an opinion of the value of, from imperfect data.
Forecast
To plan beforehand; to scheme; to project.
He shall forecast his devices against the strongholds.
Estimate
To judge and form an opinion of the value of, from imperfect data, - either the extrinsic (money), or intrinsic (moral), value; to fix the worth of roughly or in a general way; as, to estimate the value of goods or land; to estimate the worth or talents of a person.
It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them.
It is always very difficult to estimate the age in which you are living.
Forecast
To foresee; to calculate beforehand, so as to provide for; as, to forecast the weather; to forecast prices.
It is wisdom to consider the end of things before we embark, and to forecast consequences.
Estimate
To from an opinion of, as to amount,, number, etc., from imperfect data, comparison, or experience; to make an estimate of; to calculate roughly; to rate; as, to estimate the cost of a trip, the number of feet in a piece of land.
Forecast
To contrive or plan beforehand.
If it happen as I did forecast.
Estimate
A valuing or rating by the mind, without actually measuring, weighing, or the like; rough or approximate calculation; as, an estimate of the cost of a building, or of the quantity of water in a pond.
Weigh success in a moral balance, and our whole estimate is changed.
No; dear as freedom is, and in my heart'sJust estimation prized above all price.
Forecast
Previous contrivance or determination; predetermination.
He makes this difference to arise from the forecast and predetermination of the gods themselves.
Estimate
An approximate calculation of quantity or degree or worth;
An estimate of what it would cost
A rough idea how long it would take
Forecast
A calculation predicting future events; the foresight of consequences, and provision against them; prevision; premeditation; as, the weather forecast.
His calm, deliberate forecast better fitted him for the council than the camp.
Estimate
A judgment of the qualities of something or somebody;
Many factors are involved in any estimate of human life
In my estimation the boy is innocent
Forecast
A prediction about how something (as the weather) will develop
Estimate
A document appraising the value of something (as for insurance or taxation)
Forecast
Predict in advance
Estimate
A statement indicating the likely cost of some job;
He got an estimate from the car repair shop
Forecast
Judge to be probable
Estimate
The respect with which a person is held;
They had a high estimation of his ability
Forecast
Indicate by signs;
These signs bode bad news
Estimate
Judge tentatively or form an estimate of (quantities or time);
I estimate this chicken to weigh three pounds
Estimate
Judge to be probable
