from
The Collaborative International Dictionary of English v.0.48
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.
[1913 Webster]
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.
[1913 Webster]