1. A potential outcome, option, or circumstance that has been identified, recognized, or is already understood to exist
The team analyzed all known possibilities before making a decision.
A equipe analisou todas as possibilidades conhecidas antes de tomar uma decisão.
2. An expected or anticipated scenario that is within the realm of awareness
Losing the game was a known possibility from the start.
Perder o jogo era uma possibilidade conhecida desde o início.