The document discusses using Taylor series to estimate the value of functions and introduces the Lagrange form of the remainder to determine the accuracy of estimates based on partial sums. It defines the Lagrange form of the remainder as the next term in the Taylor series with "a" replaced by a value "c" between the point "a" and the point "x" being estimated. The document also introduces the Remainder Estimation Theorem, which uses the maximum value of the derivative in the interval to bound the size of the remainder term.