From Longman Business Dictionaryexpectationsex‧pec‧ta‧tions /ˌekspekˈteɪʃənz/ noun [plural]1ECONOMICS what people in the business world believe will happen in the economy in the future. Expectations are important because they affect the level of investment in an economyThe current level of economic activity will certainly influence business expectations and confidence.2LAW someone’s chances of being given money or property owned by someone else when that person dies
