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.