estimate of value

USAGE SUMMARY

The phrase "estimate of value" is correct and usable in written English.
It is commonly used when referring to any kind of appraisal of worth. For example, "The home inspection revealed that the house needs repairs, resulting in a lower estimate of value."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

8 human-written examples

School taxes are made up of the assessor's estimate of value and the tax rate.

The New York Times

The managers aim for shares that trade for no more than 60 percent of their estimate of value.

The New York Times

is a initial estimate of value at the or position calculated toward top direction.

EURASIP Journal on Advances in Signal Processing

After all, prices already represent the best collective estimate of value among all the players active in the market.

Forbes

If you are interested in Twitter as an investment, I think you should make your own judgments about these variables, notwithstanding your uncertainty about the future, and come up with your own estimate of value.

TechCrunch

Phosphene prevalence and PT values were combined to obtain a summary estimate of value (and the corresponding CI) using a random-effect model.

The Journal of Headache and Pain

Human-verified similar examples from authoritative sources

Similar Expressions

48 human-written examples

"But because estimates of value are inherently subjective, it won't.

The New York Times

Preferences-based approaches to valuation can provide economic (dollar) estimates of value.

SEP

1999 OPTIONS, ESTIMATED CURRENT VALUE -- An estimate of the value of the stock options an executive received in 1999, based on recent prices of the stock.

The New York Times

2000 OPTIONS, ESTIMATED CURRENT VALUE -- An estimate of the value of those stock options based on the closing price of the stock on Wednesday.

The New York Times

2000 OPTIONS, GRANT-DATE VALUE -- An estimate of the value of the stock options granted to an executive, using the Black-Scholes formula.

The New York Times

Expert writing Tips

Best practice

When using "estimate of value", ensure the context clearly indicates whether the estimate is preliminary or final. Provide supporting data or methodology to enhance credibility.

Common error

Avoid presenting an "estimate of value" as a definitive figure. Use qualifying language such as "approximately", "around", or "in the range of" to acknowledge the inherent uncertainty.

Linguistic Context

The phrase "estimate of value" functions primarily as a noun phrase, often acting as the subject or object of a sentence. Ludwig AI confirms that it is usable in written English referring to some kind of appraisal of worth.

Expression frequency: Uncommon

Frequent in

News & Media

50%

Science

40%

Wiki

10%

Less common in

Formal & Business

0%

Encyclopedias

0%

Academia

0%

Ludwig's WRAP-UP

The phrase "estimate of value" is a grammatically correct and commonly used noun phrase that functions to describe an approximate assessment of worth. It's frequent in news, science, and wiki contexts. Ludwig AI validates its use in written English, confirming that it is commonly used in the context of any kind of appraisal of worth. While alternatives like "valuation" or "assessment of worth" exist, "estimate of value" provides a more descriptive and nuanced expression. When using this phrase, be sure to provide supporting data and avoid overstating the precision of the estimate.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

valuation

This is a more concise term, referring to the process of determining the value of something.

assessment of worth

Focuses on the quality or merit of something, rather than just its monetary value.

appraisal

Implies a formal or expert evaluation of value, often in a professional context.

valuation assessment

Combines the concepts of valuation and assessment to emphasize a thorough evaluation process.

determination of price

Emphasizes the process of setting a specific price for something, typically in a commercial context.

calculation of worth

Highlights the quantitative aspect of assessing value, often involving mathematical or analytical methods.

preliminary valuation

Indicates an initial assessment of value that may be subject to change or refinement.

opinion of value

Refers to a subjective judgment of worth, often based on personal experience or expertise.

guesstimate of value

Indicates an approximated value, using guess and estimation at the same time.

rough calculation of value

Highlights the value calculation done approximatively

FAQs

How can I use "estimate of value" in a sentence?

You can use "estimate of value" when referring to the approximation of something's worth. For example, "The appraiser provided an "estimate of value" for the property based on recent sales in the area."

What's the difference between "estimate of value" and "valuation"?

"Estimate of value" is a more descriptive term, while "valuation" is a concise term referring to the process of determining the value of something.

When is it appropriate to use "estimate of value" in formal writing?

It is appropriate in any formal writing that requires a discussion of the worth of something. Make sure to support your claim with data and/or methodology.

Are there alternative phrases to "estimate of value" that convey a similar meaning?

Yes, alternatives include "assessment of worth", "appraisal", or "determination of price", depending on the specific context.