Meaning of the word "cost estimate" in English
What does "cost estimate" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
cost estimate
US /ˈkɔst ˈɛstɪmət/
UK /ˈkɒst ˈɛstɪmət/
Noun
an approximation of the cost of a program, project, or operation
Example:
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We need a detailed cost estimate before we can approve the project.
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The initial cost estimate for the new building was much lower than the final price.