Sentence:  The word `` binomial '' means `` of two <WSD>names</WSD> '' or `` of two terms '' , and both usages apply in our work : the first to the names of the two outcomes of a binomial trial , and the second to the terms p and * * f that represent the probabilities of `` success '' and `` failure '' . 
Meaning of the word marked with <WSD> tags:  a language unit by which a person or thing is known