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EXPECTATION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

That which may be expected, although contingent. In the doctrine of life annuities, that share or number of the years of human life which a person of a given age may expect to live, upon an equality of chances. 2. In general, the heir apparent will be relieved from a contract made in relation to his expectancy. See Post Obit.

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