/ɪkˌspɛkˈteɪʃən ˈvæljuː/ – Phrase
Definition: giá trị kỳ vọng.
A more throughout explanation: In legal terms, the expectation value refers to the anticipated monetary value or benefit that a party reasonably expects to receive from a contract or agreement. It represents the amount that a party believes they will gain or benefit from a particular transaction, taking into account various factors such as performance, costs, and risks. The expectation value is often used in contract law to determine damages or compensation in cases where one party fails to fulfill their obligations under the contract.
Example: In contract law, the expectation value refers to the amount of money a party would have received if the contract had been fully performed as originally agreed upon.