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wait and see

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Legal Dictionary

Main Entry: wait and see
Function: noun
: a doctrine in property law that postpones determining the question of validity of a future interest that has not yet vested (as a contingent remainder) until circumstances make clear whether or not the interest will vest within a time limit —compare RULE AGAINST PERPETUITIES
NOTE: A minority of states have adopted the wait and see doctrine.
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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Idioms & Phrases

wait and see

Bide one's time for events to run their course, as in Do you think they'll raise taxes?We'll have to wait and see. This expression was first recorded in Daniel Defoe's Robinson Crusoe (1719): "We had no remedy but to wait and see." In Britain the phrase became associated with Prime Minister H.H. Asquith, who in 1910 so often said it to the opposition regarding an impending bill that he became known as "Old Wait and See."

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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