The relative likelihood of a particular outcome among all possible outcomes. Bloomberg Financial Dictionary
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probability prob‧a‧bil‧i‧ty [ˌprɒbəˈbɪlti ǁ ˌprɑː-] noun probabilities PLURALFORM [countable, uncountable]
STATISTICS the chance that something will happen, calculated mathematically:
• Companies may collaborate (= work together ) in working out loss probabilities.
• the influence of significant variables, including probability
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probability UK US /ˌprɒbəˈbɪləti/ noun [C or U] (plural probabilities)
► the level of possibility that something will happen or is true: high/low/strong probability »
There is a strong probability that the country will fall into recession again.
probability of sth »Spam filters calculate the probability of a message being spam.
assess/calculate/estimate the probabilities »They also estimated the probabilities of dividend increases and decreases under certain circumstances.
Financial and business terms. 2012.