How to make layout with View fill the remaining space?

Answer from woodshy worked for me, and it is simpler than the answer by Ungureanu Liviu since it does not use RelativeLayout. I am giving my layout for clarity:

<LinearLayout 
      android:layout_width="fill_parent"
      android:layout_height="wrap_content"
      android:orientation="horizontal"
      >

     <Button
        android:layout_width = "80dp"
        android:layout_weight = "0"
        android:layout_height = "wrap_content"
        android:text="&lt;"/>
     <TextView
        android:layout_width = "fill_parent"
        android:layout_height = "wrap_content"
        android:layout_weight = "1"/>
     <Button
        android:layout_width = "80dp"
        android:layout_weight = "0"
        android:layout_height = "wrap_content"
        android:text="&gt;"/>   
 </LinearLayout>

If you use RelativeLayout, you can do it something like this:

<RelativeLayout
    android:layout_width = "fill_parent"
    android:layout_height = "fill_parent">
    <ImageView
        android:id = "@+id/my_image"
        android:layout_width = "wrap_content"
        android:layout_height = "wrap_content"
        android:layout_alignParentTop ="true" />
    <RelativeLayout
        android:id="@+id/layout_bottom"
        android:layout_width="fill_parent"
        android:layout_height = "50dp"
        android:layout_alignParentBottom = "true">
        <Button
            android:id = "@+id/but_left"
            android:layout_width = "80dp"
            android:layout_height = "wrap_content"
            android:text="&lt;"
            android:layout_alignParentLeft = "true"/>
        <TextView
            android:layout_width = "fill_parent"
            android:layout_height = "wrap_content"
            android:layout_toLeftOf = "@+id/but_right"
            android:layout_toRightOf = "@id/but_left" />
        <Button
            android:id = "@id/but_right"
            android:layout_width = "80dp"
            android:layout_height = "wrap_content"
            android:text="&gt;"
            android:layout_alignParentRight = "true"/>
    </RelativeLayout>
</RelativeLayout>

If <TextView> is placed in a LinearLayout, set the Layout_weight proprty of < and > to 0 and 1 for the TextView.

If you're using a RelativeLayout, align < and > to the left and right and set "Layout to left of" and "Layout to right of" property of the TextView to the ids of < and >.