Homonym: chance (Luck)
Chance refers to the likelihood or probability of an event occurring. It is often expressed as a fraction, percentage, or ratio, indicating how often an event is expected to happen compared to all possible outcomes. For example, when flipping a fair 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 consider the odds of various outcomes, such as winning a lottery or experiencing an accident. Understanding chance helps individuals make informed choices based on potential risks and rewards.