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estimation

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es⋅ti⋅ma⋅tion

  [es-tuh-mey-shuhn]
Use estimation in a Sentence
–noun
1. judgment or opinion: In my estimation the boy is guilty.
2. esteem; respect.
3. approximate calculation; estimate: to make an estimation of one's expenditures.
Origin:
1325–75; ME estimacioun < MF < L aestimātiōn- (s. of aestimātiō). See estimate, -ion

Synonyms:
2. appreciation, regard, honor, veneration.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Estimation
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Estimates
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es·ti·ma·tion   (ěs'tə-mā'shən)   
n.  

    1. The act or an instance of estimating.

    2. The amount, extent, position, size, or value reached in an estimate.

  2. An opinion or a judgment.

  3. Favorable regard; esteem.

The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Word Origin & History

estimation 
c.1374, from O.Fr. estimacion, from L. æstimationem (nom. æstimatio) "a valuation," from æstimare "to value" (see esteem). The verb estimate is first recorded 1532.
Online Etymology Dictionary, © 2001 Douglas Harper
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