Award vs Estimate - What's the difference?
award | estimate | Related terms |
(legal) A judgment, sentence, or final decision. Specifically: The decision of arbitrators in a case submitted.
(legal) The paper containing the decision of arbitrators; that which is warded.
A trophy or medal; something that denotes an accomplishment, especially in a competition. A based on merit.
(obsolete) Care, keeping.
*, Bk.VIII, Ch.ix:
*:Than the kynge for grete favour made Tramtryste to be put in his doughtyrs awarde and kepying, because she was a noble surgeon.
A negotiated minimum wage that is set for a particular trade or industry; an .
*1970 , Kenneth Frederick Walker, Australian Industrial Relations Systems ,
*:The AMIEU[ (Australian Meat Industry Employees Union)] first developed into a powerful organisation in the early years of the twentieth century, and after the first industry-wide collective agreement was made in 1911, collective bargaining prevailed in the industry until 1917, when the employers sought an award' from the Queensland Industrial Court. The first ' award was issued on March 12, 1918.
*2000 , Mark Wooden, The Transformation of Australian Industrial Relations ,
*:A further 17 per cent responded that the agreement replaced ‘most’ aspects of the award', leaving the large majority (67 per cent) claiming that the agreeement replaced only ‘some’ aspects of the ' award .
*2007 , (Australian Bureau of Statistics), 2007 Year book, Australia ,
*:Employees whose pay is set by ‘award' only’ are those who have their pay set by an '''award''', and who are not paid more than the ' award rate of pay.
(legal) To give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge; as, the arbitrators awarded damages to the complainant.
* Dryden
To determine; to make or grant an award.
to give an (prize) for merit
A rough calculation or guess.
(construction and business) A document (or verbal notification) specifying how much a job will probably cost.
* {{quote-book, year=1928, author=Lawrence R. Bourne
, title=Well Tackled!
, chapter=3 To calculate roughly, often from imperfect data.
* {{quote-book, year=1965, author=Ian Hacking, title=Logic of Statistical Inference, passage=I estimate that I need 400 board feet of lumber to complete a job, and then order 350 because I do not want a surplus, or perhaps order 450 because I do not want to make any subsequent orders.
* '>citation
To judge and form an opinion of the value of, from imperfect data.
* John Locke
* J. C. Shairp
Award is a related term of estimate.
As nouns the difference between award and estimate
is that award is (legal) a judgment, sentence, or final decision specifically: the decision of arbitrators in a case submitted while estimate is a rough calculation or guess.As verbs the difference between award and estimate
is that award is (legal) to give by sentence or judicial determination; to assign or apportion, after careful regard to the nature of the case; to adjudge; as, the arbitrators awarded damages to the complainant while estimate is to calculate roughly, often from imperfect data.award
English
(wikipedia award)Noun
(en noun)p.242,
p.42,
p.182,
Verb
(en verb)- To review / The wrongful sentence, and award a new.
- He was awarded the Nobel Prize for Literature.
Synonyms
* (make or grant an award) crownDerived terms
* awardee * awarderExternal links
* *estimate
English
Alternative forms
* (archaic)Noun
(en noun)citation, passage=“They know our boats will stand up to their work,” said Willison, “and that counts for a good deal. A low estimate from us doesn't mean scamped work, but just that we want to keep the yard busy over a slack time.”}}
Synonyms
* estimation * appraisalDerived terms
* ballpark estimateVerb
citation
- 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.