An uncertain thing which may happen. A contingent interest in real or personal estate. Kinzie v. Winston, 14 Fed. Cas. 651; Bodenhamer v. Welch. 89 N. C. 78; Needles v. Needles, 7 Ohio St. 442, 70 Am. Dec. 85. It is either near, (or ordinary,) as where an estate is limited to one after the death of another, or remote, (or extraordinary.) as where it is limited to a man, provided he marries a certain woman, and that she shall die and he shall marry another.

More On This Topic

Link to This Definition
Did you find this definition of POSSIBILITY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary