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The Collaborative International Dictionary of English v.0.48:

Estimative \Es"ti*ma*tive\, a. [Cf. F. estimatif.] 1. Inclined, or able, to estimate; serving for, or capable of being used in, estimating. [1913 Webster] We find in animals an estimative or judicial faculty. --Sir M. Hale. [1913 Webster] 2. Pertaining to an estimate. [R.] [1913 Webster]