Expectancy


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Expectancy

A mere hope, based upon no direct provision, promise, or trust. An expectancy is the possibility of receiving a thing, rather than having a vested interest in it.

The term has been applied to situations where an individual hopes and expects to receive something, generally property or money, but has no founded assurance of possession. A person named in a will as an heir has only an expectancy to inherit under the will, since there exists a possibility that the will may be altered so as to disinherit him or her.

expectancy

n. a possibility of future enjoyment of something one counts on receiving, usually referring to real property or the estate of a deceased person, such as a remainder, reversion, or distribution after the death of someone who has use for life. (See: remainder, reversion, distribution)

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.

References in periodicals archive ?
For men in Wales, the gain in life expectancy was less than half a year between 2009-11 and 2015-17, compared with two years in the previous period, while for women the picture is similar, with Wales having the smallest increase in the UK in the most recent period of only 0.2 years.
She said: "Major changes in pension attitudes required due to big life expectancy differentials.
The average life expectancy in Bulgaria varies considerably and according to some regions - from 73 years in Montana district (lower than the national average) - to 77 years in Sofia city and Kardzhali district.
This is the first time research has linked fast walking with a longer life expectancy irrespective of body weight or obesity.
A recent study using data from 1998 and 2008 analyzed whether the increase in healthy life expectancy in Brazil was associated with an increase in total life expectancy (3) by determining the following variables of healthy life expectancy: a) disability-free life expectancy (DFLE), b) life expectancy in good perceived health or healthy life expectancy (HLE), and c) life expectancy without chronic morbidity or morbidity-free life expectancy (MFLE).
However, the life expectancy impact was nearly twice as high among black Americans, at more than four years, than among white Americans, at more than two years, according to the study, which was published in BMJ Evidence-Based Medicine.
The report says that deprivation is strongly linked to life expectancy. In 2015-2017, males born in the 10 per cent most deprived areas within Scotland could expect to live 13 years fewer than those in the 10 per cent least deprived area.
But between 2015-2017 life expectancy dropped to 81.2 years, according to the latest figures from the Office for National Statistics.
However, by 2011-2016, the life expectancy for men in the UK was growing by just four weeks a year, while for women the figure was one week.
Other countries that have seen progress s on O hav to expectancy doubled p ectancy lling ks , stall for men include Spain (with life expectancy increases falling from 17 weeks to 10 weeks), Portugal (down from 19 to 13 weeks), and Germany (down from 11 to seven weeks).
Between 2007 and 2016, the life expectancy of Cypriots has increased, on average, by around three years, according to Eurostat.
"Expectancy" refers to those things that people presume will happen, often based on prior experience or on self-confidence, with perhaps the most well known instance emerging out of medical research--the placebo effect.