Possibility \Pos`si*bil"i*ty\, n.; pl. Possibilities. [F. possibilit['e], L. possibilitas.]

1. The quality or state of being possible; the power of happening, being, or existing. ``All possibility of error.'' --Hooker. ``Latent possibilities of excellence.'' --Johnson.

2. That which is possible; a contingency; a thing or event that may not happen; a contingent interest, as in real or personal estate. --South. Burrill.

Source: Webster's Revised Unabridged Dictionary (1913)