Fighting Chance is a term that is used to describe a situation in which a person or group has a slim chance of success. The term can be broken down into two words, BOUT and WAR. BOUT is a four letter word that means a contest or match between two people or groups. WAR is a three letter word that means a state of open, armed conflict between two or more nations or states. Together, these two words form the phrase Fighting Chance, which describes a situation in which a person or group has a slim chance of success.