Estate In Expectancy
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
One which is not yet in possession, but the enjoyment of which is to begin at a future time; a present or vested contingent right of future enjoyment. These are remainders and reversions.
Fenton v. Miller, 108 Mich. 246, 65 N. W. 966; In re Mericlo, 63 How. Prae. (N. Y.) 66; Greyston v. Clark, 41 Hun (N. Y.) 130; Ayers v. Trust Co.., 187 111. 42, 58 N. E. 318.