estimatorPronunciation: /ˈɛstɪmeɪtə/Translate estimator | into French | into Italian Definition of estimator noun Statistics a rule, method, or criterion for arriving at an estimate of the value of a parameter. a quantity used or evaluated as an estimate of the value of a parameter. a person who estimates the price, value, number, quantity, or extent of something. estimator in other Oxford dictionaries Definition of estimator in the US English dictionary