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What does calculation mean?

Looking for the meaning or definition of the word calculation? Here's what it means.

Noun
  1. (mathematics) The act or process of calculating.
  2. (mathematics) The result of calculating.
  3. (countable) Reckoning, estimate.
  4. (countable) An expectation based on circumstances.
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Examples
Nor does it simply rest on the naive distinction between feeling and rational calculation.
This small error is systematic and can either be ignored or allowed for in calculation if the temperature is known.
Given recent developments in calculation and derivative products, new opportunities are now available in portfolio construction and trading.
It should be noted, however, that several important factors are not taken into account in the calculation.
A young man sat against the wall doing calculation with an abacus and recording data onto paper.
This calculation is continued for every year until the end of the mortality table, and then all the net present values are added together.

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