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term:
Expectancy
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expectancy n
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pl: -cies
: something expected: as
a : an interest held by a person who may receive something (as a bequest) in the future but has no enforceable right to it
b : the benefit that will be received from a contract if performed
Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.