Estimator
/ˈɛstɪˌmeɪtər/
Definitions
- (n.) A person or entity who makes an approximate calculation or judgment of value, quantity, or extent, often in legal contexts such as damages or costs.
The estimator provided a detailed report on the property damage for the insurance claim.
Forms
- estimator
- estimators
Related terms
See also
Commentary
In legal drafting, clearly specifying the authority and methodology of the estimator can prevent disputes about valuation or costs.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.