The mathematical expected value of a random variable. Equals the sum (or integral) of the values that are possible for it, each multiplied by its probability. What people think a variable is going to be. In general, the expectation in this second sense may be more important than the first for determining behavior on a market, such as the exchange market.
Browse by Subjects
See All Related Terms »
reserve for fluctuations
net transaction exposure
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):