Noun

(possibilities)

The quality of being possible.

A thing possible; that which may take place or come into being.

* {{quote-magazine, date=2013-07-20, volume=408, issue=8845, magazine=(The Economist)

, title= The attack of the MOOCs , passage=Since the launch early last year of […] two Silicon Valley start-ups offering free education through MOOCs, massive open online courses, the ivory towers of academia have been shaken to their foundations. University brands built in some cases over centuries have been forced to contemplate the possibility that information technology will rapidly make their existing business model obsolete.}}

An option or choice, usually used in context with future events.

Noun

(agencies)

The capacity, condition, or state of acting or of exerting power; action or activity; operation.

The superintendence and agency of Providence in the natural world. --Woodward.

A person or thing through which power is exerted or an end is achieved: instrumentality, means.

The office or function of an agent; also, the relationship between a principal and that person's agent.

An establishment engaged in doing business for another; also, the place of business or the district of such an agency.

A department or other administrative unit of a government; also, the office or headquarters of, or the district administered by such unit of government.

Agency for Toxic Substances and Disease Registry

Central Intelligence Agency