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English definition of “likelihood”

likelihood

noun [U]     /ˈlaɪ.kli.hʊd/
C2 the chance that something will happen : This latest dispute greatly increases the likelihood of a strike . [+ that] There is every likelihood that more jobs will be lost later this year . There is little likelihood now that interest rates will come down further .Possible and probable in all likelihood C2 almost certainly : In all likelihood everything will go to plan .
(Definition of likelihood noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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