estimate vs quotation

Both 'estimate' and 'quotation' are correct, but they have different meanings and usage. 'Estimate' is used to give an approximate calculation or judgment of the value, number, quantity, or extent of something. On the other hand, 'quotation' refers to a formal statement setting out the estimated cost for a particular job or service.

Last updated: April 04, 2024 • 79 views

Correct. 'Estimate' is used to give an approximate calculation or judgment of the value, number, quantity, or extent of something.

"estimate"

'Estimate' is commonly used when providing an approximate calculation or judgment of something, such as cost, time, or quantity.

Show examples from the web [+]

My low estimate is 400,000 casualties.
The low-ball estimate is 35 million.
Please visit our calculator for an immediate estimate.
Enter your destination to get a shipping estimate.
Third Faction's operation extended far beyond our original estimate.
One more than my first estimate.
A separate estimate for the owner-occupied residential buildings should be available.
Best estimate shall be disclosed gross of reinsurance.
That estimate also covers enlargement-related needs.
This is the estimate of your latitude.
We've upgraded our estimate of how many wounded there'll be.
That's an estimate, of course.
Then, maybe can just give me an approximate estimate.
I'll call the builder round on Monday and get an estimate.
Take the estimate of glomerular filtration rate, or GFR.
And the yellow line is the most optimistic estimate.
I'm pulling up a rough computer estimate of our projected casualties.
Said he wanted an estimate on a new house.
Fenton said my estimate was too high.
The estimate for transportation your husband from the station to the cemetery.

Alternatives:

approximation
rough calculation
ballpark figure
guesstimate
rough estimate

Correct. 'Quotation' refers to a formal statement setting out the estimated cost for a particular job or service.

"quotation "

'Quotation' is commonly used in business contexts when providing a formal statement of the estimated cost for a specific job or service.

Show examples from the web [+]

Actually, Barnum never even said the famous quotation.
The quotation is from the Schulz report.
The JASDAQ automated quotation system became operational in 1991.
Please send me your best quotation.
Guarantee good service and quality from PCB quotation to delivery.
Please contact us at [emailprotected] for a specific quotation.
See the 6 billion dollar quotation of Amazon.
Here ends this fifty-year old quotation.
Includes case studies and quotation form.
I used the blank pages for a suitable quotation.
It's a quotation from Theodore Roosevelt.
Study the quotation, think about what it might mean.
I'll end with a quotation by Mahatma Gandhi.
Now, Bill Buckley, if the quotation is exact...
Okay, here's what the quotation means.
You see, he inscribed it with a quotation from Alexander Pope.
That quotation occurs to me quite often in my profession.
A famous quotation can be found -
Each of the concerto's five movements is based on a quotation from József.
The quotation uses them as an example of extremely minor details.

Alternatives:

quote
price estimate
cost estimate
bid
proposal

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estimate vs quotation

"estimate"

"quotation "

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