Exceedance probability

{
  "id": "MLC-T-MET-005495",
  "term": "Exceedance probability",
  "field": "Meteorology and atmospheric science",
  "definition": "The likelihood that a specific meteorological or hydrological event, such as a certain rainfall amount or wind speed, will be equal to or greater than a defined threshold within a given period. It is expressed as a fraction or percentage. For instance, a 1% exceedance probability for a daily rainfall total means there is a 1 in 100 chance of that amount being met or surpassed on any given day.",
  "url": "https://mlchart.com/terminology/meteorology/exceedance-probability/"
}