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  1. #1

    estimated at

    Hi,
    how can you explain " the Indian retail industry is estimated at about $ 300 billion"= the value of the industry is...?
    2) "the financial terms of the deal" = another word for terms?
    3) "small stores account for 97% of the market"
    thanks

  2. #2

    Re: estimated at

    if I say, the share rose as more as 2 percent means that it rose more than ?

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    #3

    Re: estimated at

    1 Yes, but I would imagine that it doesn't mean the value of assets, but its annual turnover.
    2 Conditions
    3 Their total amount to 97%
    4 That's wrong- you could say 'as much as', which would mean that 2% was the highest point

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