1 [singular] a judgement or opinion about the value or quality of somebody/somethingWho is the best candidate in your estimation?Since he left his wife he's certainly gone down in my estimation (= I have less respect for him).She went up in my estimation (= I have more respect for her) when I discovered how much charity work she does.2 [countable] a judgement about the levels or quantity of somethingEstimations of our total world sales are around 50 million.

ˌestɪˈmeɪʃn
ˌestɪˈmeɪʃn