Definify.com
Webster 1913 Edition
Expectancy
{
Ex-pect′ance
,Ex-pect′an-cy
, }Noun.
1.
The act of expecting; expectation.
Milton.
2.
That which is expected, or looked or waited for with interest; the object of expectation or hope.
The
expectancy
and rose of the fair state. Shakespeare
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.