ESTIMATE

Estimate, Estimation, Esteem. The noun estimate, like its verb, supposes chiefly an exercise of judgment in determining the amount, importance, or magnitude of things, with their other exterior relations; as, an estimate of expenses incurred; a true estimate of life, etc. Esteem is a moral sentiment made up of respect and attachment,the valuation of a person as possessing useful qualities or real worth. Thus we speak of the esteem of the wise and good as a thing greatly to be desired. Estimation seems to waver between the two. In our version of the Scriptures it is used simply for estimate; as, "If he be poorer than thy estimation." Lev. xxvii. 8. In other cases, it verges toward esteem; as, "I know him to be of worth and worthy estimation." Shak. It will probably settle down at last on this latter sense. "Esteem is the value we place upon some degree of worth. It is higher than simple approbation, which is a decision of judgment. It is the commencement of affection." Gogan. No; dear as freedom is, and in my heart's Just estimation prized above all price. Cowper.