Meaning of probability

(noun) a measure of how likely it is that some event will occur; a number expressing the ratio of favorable cases to the whole number of cases possible; "the probability that an unbiased coin will fall with the head up is 0.5"; "if that phone call is for me, chances are it's my wife"

the quality of being probable; a probable event or the most probable event; "for a while mutiny seemed a probability"; "going by past experience there was a high probability that the visitors were lost"