possibility

noun4

1. •
   real chance, however small, for something to happen or to be true

   • 'There is little possibility of that happening' 'I'd say there's rather a strongish possibility that it won't.'
2. •
   A thing possible; that which may take place or come into being.
3. •
   An option or choice, usually used in context with future events.

   • Mycelial lives are so other, their possibilities so strange. — 2020
4. •
   (no longer used) Capability, power or capacity to act.

   • VVere Iacke Strawe a liue againe, And I in as good possibility as euer I was, I would lay a surer trumpe, Ere I would lose so faire a tricke. — 1593