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What does fortuity mean?

Looking for the meaning or definition of the word fortuity? Here's what it means.

Noun
  1. (uncountable) The state of being fortuitous.
  2. (countable) A fortuitous event; an accident.
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Examples
Insurance is the purchase of an indemnity against the risk of loss caused by a fortuity.
How to characterise the element of fortuity in this context is not easy.
These various proactive activities illustrate the agentic management of fortuity.
It may well be that the words were the fortuitous effect of wind, but the message they convey is clear, and I think our subjects would not gamble on the fortuity.
If all these were not just a series of fortuity, the universe could be said to be consecutive vertically in a fractal structure.
Thus, the Court's conclusion that Ms Abbott was disabled was based in large part on the fortuity of her own fertility.

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