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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
It should be noted, however, that several important factors are not taken into account in the calculation.
Instead, every calculation of profit is carefully balanced against the potential risks in an enterprise.
Wisdom is subdivided into good sense, good calculation, quick-wittedness, discretion, and resourcefulness.
Driving the route at a steady speed and recording the time on a digital stopwatch leaves a simple calculation to get the speed.
Given recent developments in calculation and derivative products, new opportunities are now available in portfolio construction and trading.
The image was generated by a calculation that could have been done by hand, albeit more laboriously.

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