An estimate is the calculation of a size, value and cost would be on an item or a service. If the estimate is on something that has to be shipped, then the estimate would include price for shipping and transportation. An estimated cost of a service is a written piece of paper that is written the original person who is proving the estimate. Some times special circumstances are in order so the estimate may have to be modified.
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Then there are estimated charges against actual charges. An estimate is a guideline of how much the job may cost. For example, if you broke your watch and take it to a jewelry repair shop and they say the estimate would be about $ 25 but when you go to pick up the watch they charge you $45 instead because when they got it opened it needed another piece repaired. That is estimated charges against actual charges.
Estimates come in handy in many instances, when you need a car repair or when you are having some type of home improvement. Always get an estimate and get it in writing. Never get a verbal estimate if the company won’t give you one, then use someone else. You don’t want to use someone who won’t give you a legitimate estimate.
