"One More Chance" is a song by American singer-songwriter Madonna from the ballads compilation Something to Remember (1995). Written and produced by Madonna and David Foster, it was released on March 7, 1996 by Maverick Records as the album's second single in Australia and Japan, and the third single in several European countries. An acoustic pop ballad, the song lyrically talks about attempting to win a lost lover back. The song was inspired by Madonna's real life experience, but she wrote it from the opposite point of view.

The song received positive response from music critics, who praised its musical simplicity and Madonna's vocal delivery. "One More Chance" peaked at number two in Italy and charted within the top forty in Australia, Finland, Sweden, and the United Kingdom. Since Madonna was busy filming the musical Evita, the song received little promotion and no accompanying music video.

In November 1995, Madonna released a compilation album, Something to Remember, featuring a selection of her ballads over a decade of her career and three new songs. "One More Chance" was one of the new songs she composed alongside Canadian musician David Foster. It was released as the album's second single in Australia and Japan, and the third single in the European countries on March 7, 1996. The Spanish version of "You'll See", titled "Verás", appeared as the B-side of the single release. Foster initially did not expect Madonna would collaborate with him, as he believed that his music was not "really [be] hip enough for her." Madonna and Foster worked on the song during the writing and recording session for Something to Remember, in the third weekend of September 1995.

According to biographer Barbara Victor in the book Goddess: Inside Madonna, Madonna wrote the song during her six-month vocal training with vocal coach Joan Leder in preparation of her role in the musical Evita. In a January 1996 interview with Spin magazine, Madonna said that the song was inspired by a happy moment in her life, when she gave a chance to a man she knew, and he was able to fulfill it to her needs. She reversed the situation and wrote the song. Madonna explained, "Often in my songwriting, I take things people say to me and turn them around, and put it in the first person. So it's actually something that was said to me." Madonna did not reveal the name of the person who became the main subject of the song.

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