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Definition of AUSPICE. 1. : observation by an augur especially of the flight and feeding of birds to discover omens.2. 3. : a prophetic sign; especially: a favorable sign.See auspice defined for kids. ADVERTISEMENT.. : observation by an augur especially of the flight and feeding of birds to discover omens. 2. 3. : a prophetic sign; especially: a favorable sign. See auspice defined for kids. ADVERTISEMENT.
The term ex-ante (sometimes written ex ante or exante) is a phrase meaning before the event. Ex-ante is used most commonly in the commercial world, where results of a particular action, or series of actions, are forecast in advance (or intended). The opposite of ex-ante is ex-post (actual) (or ex post). Examples: 1  In the financial world, the ex-ante return is the expected return of an investment portfolio. 2  In the recruitment industry, ex-ante is often used when forecasting resource requirements on large future projects.