possibility -
n. (pl. -ies)
1 the state or fact of being
possible, or an occurrence of this (
outside the range of
possibility; saw no
possibility of going away).
2 a thing that may exist or
happen (there are three possibilities).
3 (usu. in pl.) the capability of being used, improved, etc.; the potential of an object or situation (esp. have possibilities).
[ME f. OF possibilit or LL possibilitas -tatis (as POSSIBLE)
]