Likelihood (noun)

1. The chance or probability that something will happen.
2. The extent to which something is probable or seems likely.

Origin:

The word "likelihood" comes from the word "likely" which means having a good chance of being the case or happening.

Examples:

1. The likelihood of rain tomorrow is high, according to the forecast.
2. Given the current situation, the likelihood of a recession is increasing.
3. I would say the likelihood of him getting the job is slim to none.
4. The likelihood of finding a needle in a haystack is very low.
5. The likelihood of a terrorist attack is always a concern.