Also means
esteem, regard
Usage Note
Estimación covers both a numerical estimate or approximation (una estimación de costes) and the sense of esteem or high regard for a person (tiene gran estimación por su mentor). The verb is estimar, which similarly means both 'to estimate' and 'to hold in esteem'. In statistics, estimación puntual means 'point estimate'.
Examples
"La estimación del presupuesto fue bastante precisa."
Natural Translation
The budget estimate was quite accurate.
Related Words
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