situation; developments; outcome
A somewhat formal or literary term for how things are unfolding or have turned out. Often used in contexts where one is observing or reporting on a state of affairs.
We can only watch how the situation develops.
Depending on the outcome of the negotiations, we may have to change the plan.
The exact derivation is uncertain. The kanji 仕 (serve, do) and 儀 (ceremony, affair) suggest a formal or procedural matter, which aligns with its usage.