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TeachMeFinance.com - explain damage estimation damage estimation 'damage estimation' is an military term meaning '(DOD) A preliminary appraisal of the potential effects of an attack. See also attack assessment'. Previous 5 Terms: daily intelligence summary- damage area - damage assessment damage assessment damage criteria_ Next 5 Terms: damage expectancy (nuclear)- damage radius - damage threat danger area danger area_ Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.