1759, "a possible occurrence," from eventual + -ity, on model of French éventualité.
Entries linking to eventuality
eventual adj.
1610s, "pertaining to events," from French éventuel, from Latin event-, stem of evenire "to come out, happen, result" (see event). Meaning "ultimately resulting" is by 1823.
-ity
word-forming element making abstract nouns from adjectives and meaning "condition or quality of being ______," from Middle English -ite, from Old French -ete (Modern French -ité) and directly from Latin -itatem (nominative -itas), suffix denoting state or condition, composed of -i- (from the stem or else a connective) + the common abstract suffix -tas (see -ty (2)).
Roughly, the word in -ity usually means the quality of being what the adjective describes, or concretely an instance of the quality, or collectively all the instances; & the word in -ism means the disposition, or collectively all those who feel it. [Fowler]