agreed estimate

USAGE SUMMARY

The phrase "agreed estimate" is correct and usable in written English.
It can be used in contexts where parties have come to a mutual understanding or consensus regarding a specific estimate, often in business or project management scenarios. Example: "After several discussions, we finally reached an agreed estimate for the project costs."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

One US official said the agreed estimate was 1,000 tons of chemical weapons, including the blister agent, sulphur mustard, and sarin nerve agent.

BBC

Resource 2012 starts with the commonly agreed estimate that the world's population will increase from the current seven billion people to nine billion by 2050, and that this will put significant pressure on food, water and energy supplies.

BBC

When a discrepancy existed between the clinicians, we asked them to discuss the case and arrive at an explicitly agreed estimate.

British Medical Journal

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

Unfortunately, no generally agreed estimates exist.

The Economist

Casey agreed, estimating that the reserves win two out of every three scrimmages.

The New York Times - Sports

The estimates, as well as the data used, are included in the Child Mortality Estimation Database CME Infoo) and represent the IGME agreed estimates.

Unicef

For new homes, the relevant agencies provided agreed estimates of the current costs of basic preventive measures.

British Medical Journal

Early planned delivery at between 37+0 and 37+6 weeks gestation by final agreed estimated date of delivery (EDD) or await spontaneous labour.

BMC Pregnancy and Childbirth

The statistician Reza Noubary agrees, estimating "with 95% confidence" an upper limit of 9.44.

The Guardian - Sport

The International Monetary Fund said Britain's economy is more likely to shrink 3 to 4percentthis yearand and Ernst & Young's ITEM Club agrees, estimating a 3.5percentt contraction.

The New York Times

Matthew Johnson, professor of psychiatry and behavioral sciences at Johns Hopkins University, agrees, estimating that "one in many thousands of users" have flashbacks that interfere with their lives.

Vice

Expert writing Tips

Best practice

When using "agreed estimate", ensure all relevant parties have genuinely concurred with the estimate to avoid future disputes. Document the process and any assumptions made to arrive at the estimate.

Common error

Don't assume agreement on an estimate simply because no objections were raised. Actively seek confirmation from all stakeholders to ensure a truly "agreed" estimate.

Linguistic Context

The phrase "agreed estimate" functions as a noun phrase, where "agreed" acts as an adjective modifying the noun "estimate". According to Ludwig, it signifies a value that has been mutually accepted or determined.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Social Media

0%

Ludwig's WRAP-UP

The phrase "agreed estimate" refers to a valuation or projection that has been mutually accepted by all involved parties. Ludwig AI confirms that this phrase is grammatically correct and usable, although relatively rare. It is most commonly found in news, scientific, and formal business contexts. To ensure clarity and prevent future disputes, it's important to actively confirm agreement on the estimate with all stakeholders and document the process. Alternatives such as "mutually accepted estimate" or "consensus estimate" may be used depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

mutually accepted estimate

Replaces "agreed" with "mutually accepted", emphasizing that the estimate is acceptable to all parties involved.

consensus estimate

Substitutes "agreed" with "consensus", highlighting the collective agreement on the estimate.

validated estimate

Replaces "agreed" with "validated", suggesting the estimate has been confirmed or approved.

confirmed estimate

Uses "confirmed" instead of "agreed", indicating the estimate has been verified.

jointly determined estimate

Replaces "agreed" with "jointly determined", emphasizing the collaborative aspect of arriving at the estimate.

collectively approved estimate

Replaces "agreed" with "collectively approved", highlighting that the estimate has been approved by a group.

shared estimate

Uses "shared" to convey that all parties recognize and acknowledge the same estimate.

accepted valuation

Replaces "estimate" with "valuation", suggesting a more formal or official estimate.

settled valuation

Implies that the valuation has been definitively reached, emphasizing the decision process.

mutually understood projection

Emphasizes a forward-looking prediction with shared comprehension.

FAQs

How do you use "agreed estimate" in a sentence?

You can use "agreed estimate" to describe a value that multiple parties have accepted. For example: "After negotiations, the construction company and the client arrived at an "agreed estimate" for the project."

What are some alternatives to "agreed estimate"?

Alternatives to "agreed estimate" include "mutually accepted estimate", "consensus estimate", or "validated estimate", depending on the specific context.

What's the difference between "agreed estimate" and "preliminary estimate"?

An "agreed estimate" implies that all relevant parties have accepted the value, while a "preliminary estimate" is an initial, often rough, calculation that is subject to change.

When is it appropriate to use the term "agreed estimate"?

Use "agreed estimate" when you want to emphasize that a value has been discussed and confirmed by everyone involved, ensuring there is a shared understanding and commitment.