Expectance \Ex*pect"ance\, Expectancy \Ex*pect"an*cy\, n.

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. --Shak.

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.

Source: Webster's Revised Unabridged Dictionary (1913)