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From: Webster's Revised Unabridged Dictionary (1913)

 Es·teem v. t. [imp. & p. p. Esteemed p. pr. & vb. n. Esteeming.]
 1. To set a value on; to appreciate the worth of; to estimate; to value; to reckon.
    Then he forsook God, which made him, and lightly esteemed the Rock of his salvation.   --Deut. xxxii. 15.
    Thou shouldst (gentle reader) esteem his censure and authority to be of the more weighty credence.   --Bp. Gardiner.
    Famous men, -- whose scientific attainments were esteemed hardly less than supernatural.   --Hawthorne.
 2. To set a high value on; to prize; to regard with reverence, respect, or friendship.
    Will he esteem thy riches?   --Job xxxvi. 19.
    You talk kindlier: we esteem you for it.   --Tennyson.
 Syn: -- To estimate; appreciate; regard; prize; value; respect; revere. See Appreciate, Estimate.