Webster's English Dictionary

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expectation

ex.pec.ta.tion \.ek-.spek-'ta--sh*n, ik-\ n 1: the act or state of 
   expecting  2: prospect of the future : ANTICIPATION  3a: something expected 
    3b: prospects of inheritance - usu. used in pl.  4: the state of being 
   expected  5a: EXPECTANCY  5b: the product of the probability that an event 
   will occur and the amount  to be received if it does occur