noun, verbal noun, の adjective
You have an idea of the concept beforehand, aka you know what's going to happen, or at least you have an idea. This is an expectation of what's going to happen next. But don't let your anticipation get the better of you!
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
I can predict the future.
My prediction that Koichi would be late again today turned out to be completely wrong.
Due to unforeseen circumstances, the ice boat will not be traveling across the lava pool today.