Estimate vs Asset - What's the difference?
estimate | asset |
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
Something or someone of any value; any portion of one's property or effects so considered.
(software) Any component, model, process or framework of value that can be leveraged or reused.
(espionage) intelligence asset
As nouns the difference between estimate and asset
is that estimate is a rough calculation or guess while asset is .As a verb estimate
is to calculate roughly, often from imperfect data.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.
Synonyms
* appraise * guessDerived terms
* estimable * underestimate * overestimateExternal links
* * *asset
English
(wikipedia asset)Noun
(en noun)- These shares are a valuable asset .