Homonym: Chance (Fortuity)
Chance refers to the likelihood or probability of an event occurring. It is often expressed as a fraction, percentage, or ratio, indicating how likely something is to happen. For example, when flipping a coin, there is a 50% chance of landing on heads and a 50% chance of landing on tails.
In everyday life, chance plays a significant role in decision-making and risk assessment. People often encounter situations where they must weigh the chances of different outcomes, such as in games of chance like lottery or gambling. Understanding chance helps individuals make informed choices based on potential risks and rewards.