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Preliminary Estimate |
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Preliminary estimate The second estimate of GDP released about two months after the measurement period. Preliminary Estimate 1. In calculating quarterly GDP, a second estimate published approximately two months after the end of a quarter. It includes information not available at the time of the advance estimate, as well as any necessary data revisions. However, it is still subject to scrutiny and potential alteration. See also: Final estimate. 2. An early calculation of the cost of a project. This calculation is made and presented to a buyer before a project has begun, and is subject to change due to both exogenous factors and endogenous factors. See also: Revised estimate. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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