Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ESTIMATING RELATIONSHIP Definition & Legal Meaning

Definition & Citations:

Mathematical formula used in projecting a value based on other related variables. An example is projecting the cost of material consumed based on the number of hours worked and the number of workers involved.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.