Chances

The possibilities of something happening; the opportunities or prospects for success, advantage, or benefit. This encompasses the likelihood of an event occurring, the potential for achieving a desired outcome, or the openings presented to someone to take action. It also includes the degree of probability associated with events, ranging from high to low, and the potential consequences tied to either taking or missing such opportunities. Often linked to risk, the concept of chances suggests that outcomes are not entirely predetermined and are influenced by choices, actions, and circumstances, emphasizing potential for change and agency.

Chances meaning with examples

• Despite facing stiff competition, Sarah saw the project proposal as her chance to showcase her leadership skills and secure a promotion. She knew it required long hours and meticulous preparation, but the prospect of advancement drove her. The company, too, was seen to be taking a chance in an uncertain economic climate by deciding to invest in innovation.
• The athlete viewed the Olympic Games as the chance of a lifetime. After years of intense training, he felt prepared and focused on winning a gold medal. He understood the sacrifices involved and the pressure, but he also recognized that this was a rare opportunity to achieve his dreams and represent his country with pride, possibly changing his life.