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Definition of guesstimate noun from the Oxford Advanced Learner's Dictionary

guesstimate

noun
 
/ˈɡestɪmət/
 
/ˈɡestɪmət/
(also guestimate)
(informal)
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  1. an attempt to calculate something that is based more on guessing than on informationTopics Doubt, guessing and certaintyc2
    Word Origin1930s (originally US): blend of guess and estimate.
See guesstimate in the Oxford Advanced American Dictionary

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