The phrase "possible revocation" means that something could be taken away or cancelled if certain conditions are not met or if certain actions are taken. Full definition
While one might logically conclude that charters are not a viable strategy to improve schools, and that we should turn to more successful programs, CREDO instead urges more accountability both in the authorization and possible revocation of charters. (pureparents.org)
«I stand with Congressman Espaillat in calling for the disciplinary committee of the New York State Unified Court System to examine the attorney identified as Aaron Schlossberg's reprehensible behavior and review his law license for possible revocation.» (nystateofpolitics.com)
Failing to provide proof of financial responsibility can result in fines and possible revocation of your license if you are involved in an accident. (citywidelaw.com)