probable vs applicant

probable and applicant both are nouns.

Word	Noun	Adjective	Verb	Adverb
probable	Yes	Yes	No	No
applicant	Yes	No	No	No

As nouns, applicant is a hypernym of probable; that is, applicant is a word with a broader meaning than probable:

probable: an applicant likely to be chosen
applicant: a person who requests or seeks something such as assistance or employment or admission

Other hypernyms of probable include applier.

probable (noun)	applicant (noun)
an applicant likely to be chosen	a person who requests or seeks something such as assistance or employment or admission

probable (adjective)	applicant (adjective)
likely but not certain to be or become true or real
apparently destined