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TeachMeFinance.com - explain estimate estimate 'estimate' is an military term meaning '(DOD) 2. An appraisal of the capabilities, vulnerabilities, and potential courses of action of a foreign nation or combination of nations in consequence of a specific national plan, policy, decision, or contemplated course of action'. Previous 5 Terms: essential task establishing directive establishment_ estimate _ estimate- Next 5 Terms: estimative intelligence evacuation evacuation_ evacuation _ evacuation- 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.