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probability (n.)

mid-15c., "quality of being probable," from Old French probabilite (14c.) and directly from Latin probabilitatem (nominative probabilitas) "credibility, probability," from probabilis (see probable). Meaning "something likely to be true" is from 1570s; mathematical sense is from 1718.

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Definitions of probability from WordNet

probability (n.)
a measure of how likely it is that some event will occur; a number expressing the ratio of favorable cases to the whole number of cases possible;
the probability that an unbiased coin will fall with the head up is 0.5
Synonyms: chance
probability (n.)
the quality of being probable; a probable event or the most probable event;
for a while mutiny seemed a probability
going by past experience there was a high probability that the visitors were lost
From wordnet.princeton.edu