Advent is a time where our hopes are rekindled, our hearts are revived and our longings revisited. Christians around the world will again declare their deep yearning for Christ to return and make all things new. They wait with great anticipation. Expectancy is perhaps the best way to describe it because there is a significant difference between expectation and expectancy.
Expectation is the anticipation and belief that something will happen, or is at least likely to happen. Expectancy, on the other hand is what you experience when you are hoping that something will happen. Expectation has a picture of a preferred outcome, expectancy knows something is about to happen but it is not quite sure what.
Sadly, however, our consumer culture is full of expectation rather than expectancy.