Pronunciation: (i-stēm'),[key] —v.t. 1. to regard highly or favorably; regard with respect or admiration: I esteem him for his honesty. 2. to consider as of a certain value or of a certain type; regard: I esteem it worthless. 3. Obs.to set a value on; appraise.
—n. 1. favorable opinion or judgment; respect or regard: to hold a person in esteem. 2. Archaic.opinion or judgment; estimation; valuation.