As nouns the difference between possibility and result
is that possibility
is the quality of being possible while result
is that which results; the conclusion or end to which any course or condition of things leads, or which is obtained by any process or operation; consequence or effect.
As a verb result is
to proceed, spring or rise, as a consequence, from facts, arguments, premises, combination of circumstances, consultation, thought or endeavor.
As an interjection result is
(uk) an exclamation of joy following a favorable outcome.