n. The act or state of waiting or awaiting with confident anticipation.n. The act or state of expecting; a looking forward to an event as about to happen; belief in the occurrence of something hereafter.n. That which is expected; what is anticipated or looked forward to.n. Prospect of future good, as of possessions, honors, advancement, and the like: usually in the plural.n. A state or qualities in a person which excite anticipation in others of some future excellence; promise.n. In medicine, same as expectant method (which see, under expectant).n. In the theory of probabilities, the present value of contingent future gain. It is equal to the value to be gained multiplied by the probability of gaining it. No account is taken of interest, as not being germane to the problems usually treated.