Bid vs Estimate - What's the difference?
bid | estimate |
(medicine) Bis in die : twice a day, two times per day.
Commonly written as: "amoxicillin 500 mg BID ", read as: "amoxicillin totalling 500 milligram dosage (daily total), taken two times a day".
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
As verbs the difference between bid and estimate
is that bid is to issue a command; to tell while estimate is to calculate roughly, often from imperfect data.As nouns the difference between bid and estimate
is that bid is an offer at an auction, or to carry out a piece of work while estimate is a rough calculation or guess.As an initialism BID
is Bis in die: twice a day, two times per day.bid
English
Initialism
(Initialism) (head)Anagrams
* * ----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.