expectancy

3 definitions found

expectancy - Collaborative International Dictionary of English v.0.48 :

  Expectance \Ex*pect"ance\, Expectancy \Ex*pect"an*cy\, n.
     1. The act of expecting; expectation. --Milton.
        [1913 Webster]
  
     2. That which is expected, or looked or waited for with
        interest; the object of expectation or hope.
        [1913 Webster]
  
              The expectancy and rose of the fair state. --Shak.
        [1913 Webster]
  
     Estate in expectancy (Law), one the possession of which a
        person is entitled to have at some future time, either as
        a remainder or reversion, or on the death of some one.
        --Burrill.
        [1913 Webster]

expectancy - WordNet (r) 2.1 (2005) :

  expectancy
      n 1: an expectation [syn: anticipation, expectancy]
      2: something expected (as on the basis of a norm); "each of them
         had their own anticipations"; "an indicator of expectancy in
         development" [syn: anticipation, expectancy]

expectancy - Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  EXPECTANCY, estates. Having a relation to or dependence upon something 
  future. 
       2. Estates are of two sorts, either in possession, sometimes called 
  estates executed; or in expectancy, which are executory. Expectancies are, 
  first, created by the parties, called a remainder; or by act of law, called 
  a reversion. 
       3. A bargain in relation to an expectancy is, in general, considered 
  invalid. 2 Ves. 157; Sel. Cas. in Ch. 8; 1 Bro. C. C. 10; Jer. Eq. Jur. 397.