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Estimate vs Prospect - What's the difference?

estimate | prospect |

As nouns the difference between estimate and prospect

is that estimate is a rough calculation or guess while prospect is the region which the eye overlooks at one time; view; scene; outlook.

As verbs the difference between estimate and prospect

is that estimate is to calculate roughly, often from imperfect data while prospect is to search, as for gold.

estimate

English

Alternative forms

* (archaic)

Noun

(en noun)
  • 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 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 * appraisal

    Derived terms

    * ballpark estimate

    Verb

  • 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
  • * '>citation
  • To judge and form an opinion of the value of, from imperfect data.
  • * John Locke
  • It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them.
  • * J. C. Shairp
  • It is always very difficult to estimate the age in which you are living.

    Synonyms

    * appraise * guess

    Derived terms

    * estimable * underestimate * overestimate

    prospect

    English

    Noun

    (en noun)
  • The region which the eye overlooks at one time; view; scene; outlook.
  • * Milton
  • His eye discovers unaware / The goodly prospect of some foreign land.
  • A picturesque or panoramic view; a landscape; hence, a sketch of a landscape.
  • * Evelyn
  • I went to Putney to take prospects in crayon.
  • A position affording a fine view; a lookout.
  • * 1667 , Milton, Paradise Lost
  • Him God beholding from his prospect high.
  • Relative position of the front of a building or other structure; face; relative aspect.
  • * Bible, Ezekiel xl. 44
  • Their prospect was toward the south.
  • The act of looking forward; foresight; anticipation.
  • * John Locke
  • a very ill prospect of a future state
  • * Tillotson
  • Is he a prudent man as to his temporal estate, that lays designs only for a day, without any prospect to, or provision for, the remaining part of life?
  • The potential things that may come to pass, often favorable.
  • *
  • *
  • , title=(The Celebrity), chapter=2 , passage=We drove back to the office with some concern on my part at the prospect of so large a case. Sunning himself on the board steps, I saw for the first time Mr. Farquhar Fenelon Cooke. He was dressed out in broad gaiters and bright tweeds, like an English tourist, and his face might have belonged to Dagon, idol of the Philistines.}}
  • * {{quote-news, year=2011, date=September 2, author=Phil McNulty, work=BBC
  • , title= Bulgaria 0-3 England , passage=And a further boost to England's qualification prospects came after the final whistle when Wales recorded a 2-1 home win over group rivals Montenegro, who Capello's men face in their final qualifier.}}
  • * {{quote-magazine, date=2013-06-07, author=(Joseph Stiglitz)
  • , volume=188, issue=26, page=19, magazine=(The Guardian Weekly) , title= Globalisation is about taxes too , passage=It is time the international community faced the reality: we have an unmanageable, unfair, distortionary global tax regime. […] It is the starving of the public sector which has been pivotal in America no longer being the land of opportunity – with a child's life prospects more dependent on the income and education of its parents than in other advanced countries.}}
  • A hope; a hopeful.
  • * {{quote-news, year=2011, date=November 10, author=Jeremy Wilson, work=Telegraph
  • , title= England Under 21 5 Iceland Under 21 0: match report , passage=The most persistent tormentor was Alex Oxlade-Chamberlain, who scored a hat-trick in last month’s corresponding fixture in Iceland. His ability to run at defences is instantly striking, but it is his clever use of possession that has persuaded some shrewd judges that he is an even better prospect than Theo Walcott. }}
  • (sports) Any player whose rights are owned by a top-level professional team, but who has yet to play a game for said team.
  • (music) The of an organ.
  • Verb

    (en verb)
  • To search, as for gold.