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Guestimate

compounding Verb
It means to make an estimate of some value which is unknown. It is a clever compounding of two words which have similar meaning and similar sounds. Essentially the words means the same as an estimate or a guess but here estimate is taken as a noun and the words uses guess as the verb.
 
"Guys, let’s just make a guestimate”
Etymology : Gues + estimate. Gues is the shortened form of Guess which is a verb. It comes from Scandinavian Guessen which means to estimate, to appraise. Estimate comes from Latin aestimatus which means a valuation.
Source : Conversation during a problem solving session. 11/29/2010.
Last modified: 9 December 2010


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