the state of being likely or probable; probability.
a probability or chance of something: There is a strong likelihood of his being elected.
Archaic. indication of a favorable end; promise.
Also, likeliness.

1350–1400; Middle English liklihood. See likely, -hood

superlikelihood, noun Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
likelihood or likeliness (ˈlaɪklɪˌhʊd, ˈlaɪklɪˌnɪs)
1.  the condition of being likely or probable; probability
2.  something that is probable
3.  statistics See also maximum likelihood the probability of a given sample being randomly drawn regarded as a function of the parameters of the population. The likelihood ratio is the ratio of this to the maximized likelihood
likeliness or likeliness

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

late 14c., "resemblance, similarity," from likely + -hood. Meaning "probability" is from mid-15c.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
This, they reckon, will increase the likelihood that a chance encounter will
  prove valuable.
As the likelihood of suspensions increases, students' chances of making it to
  college decrease.
They can also explore their genetic likelihood of developing deep-vein
  thrombosis, skin cancer or glaucoma.
There is no tested science in support of the claim of increased likelihood of
  severe weather.
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