[viz-uh-bil-i-tee] 
| 1. | the state or fact of being visible. |
| 2. | the relative ability to be seen under given conditions of distance, light, atmosphere, etc.: low visibility due to fog. |
| 3. | Also called visual range. Meteorology. the distance at which a given standard object can be seen and identified with the unaided eye. |
| 4. | the ability to give a relatively large range of unobstructed vision: a windshield with good visibility. |
| 5. | Typography. legibility (def. 2). |
[lej-uh-bil-i-tee] | 1. | Also, leg⋅i⋅ble⋅ness. the state or quality of being legible. |
| 2. | Also called visibility. Typography. the quality of type that affects the perceptibility of a word, line, or paragraph of printed matter. Compare readability (def. 2). |
| vis·i·bil·i·ty (vĭz'ə-bĭl'ĭ-tē) n. pl. vis·i·bil·i·ties
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Visibility
The extent to which future projections are probable.
Investopedia Commentary
For example, you'll often hear CEOs in a conference call tell analysts that they have "low visibility" for the upcoming quarter. This means they have little to no idea what future earnings will be and cannot offer any guidance.
See also: CEO, Conference Call, Earnings
əˈbɪl