An expansion valve is a valve used for different purposes:

Steam engines

A valve used to control the expansion of steam:

Expansion valve (steam engine) The best-known of these was the Meyer expansion valve, the invention of Jean-Jacques Meyer

Thermodynamics

A valve used to expand a gas, for thermodynamic cooling purposes in either:

Joule-Thomson cooler heat pump

Also Thermal expansion valve, a component in refrigeration and air conditioning systems