
Likelihood
Estimating Future Events
Used when making an educated guess about future events, not certain but likely.

Given the dark clouds, the likelihood of a storm tonight seems strong.
Conveying Uncertainty
Even with a 'high likelihood', you're indicating there's some doubt.

There's a high likelihood that she'll join us, but it's not guaranteed.
Expressing Small Chances
When something is unlikely, 'low likelihood' implies it's not impossible, just not probable.

There's a low likelihood of winning the lottery.
Compare with
ChanceExpectFeasibilityOddPlausibilityPossibilityPotentialProbabilityProspect
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